Multi Family: Duplex
Total Bed/Bath: 4 Bed/ 2 Bath
Total Sqft: 2,105 Sqft
Lot Size: 0.08 acres
Year Built: 1919
Roof: 7 years old per seller
AC: Both units have their own central ac but age is unknown

Other Details: Bottom unit vacant, top unit occupied but will be Vacant at closing

Title: Empora Title
EMD: $3,000
COE: 07/31/26
Pro-forma Annual Gross Rental Income: $28,800

Example BRRRR Investment Scenario
Here’s an example of what this opportunity could look like for a long-term rental investor using conservative assumptions.

Purchase Price: $74,999
Estimated Renovation: $50,000
Total Investment: ~$125,000
Estimated After Repair Value (ARV): ~$175,000

Assuming a refinance at 75% Loan-to-Value, an investor could receive approximately $131,250 in loan proceeds—potentially recovering nearly all of their original capital.

Rental Potential
● Duplex
● Estimated Rent: $1,200 per unit
● Total Monthly Rent: $2,400
● Annual Gross Rent: $28,800
Estimated Monthly Performance*
Gross Rental Income: $2,400
Estimated Operating Expenses, Vacancy, Management, Taxes, Insurance & Debt Service: ~$1,577
Estimated Monthly Cash Flow: ~$823

Significant instant equity compared to recent neighborhood sales
Potential to recover most or all invested capital through a refinance
Approximately $800+ per month in projected cash flow after stabilization*
Both units expected to be vacant at closing, allowing immediate renovations and lease-up

*Figures shown are illustrative estimates based on assumed renovation costs, rental rates, financing terms, and operating expenses. Actual results will vary. Buyers should perform their own due diligence and verify all financial assumptions.

Comps:
425 E 120th St, Cleveland, OH 44108- Sold for 175k
11513 Ablewhite Ave, Cleveland, OH 44108- Sold for 170k
12001 Oakview Ave, Cleveland, OH 44108 – $170k
12726 Gruss Ave, Cleveland, OH 44108 -$180k
As-Is Comps (instant equity)
12521 Locke Ave, Cleveland, OH 44108 -$113k
479 E 126th St, Cleveland, OH 44108 -$115k

Wholesale Price: $74,999
ARV: $175,000