Listed By
Agency Name: Home Equity Realty Group
Agency Contact: Garrett.Rowan@HEQRealty.com; 803-992-1429
Shown By
Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575
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Property Description
Strong investment opportunity in a desirable Parma neighborhood known for consistent rental demand and long-term appreciation. This fully renovated duplex is fully occupied with long term tenants and generating $1,955 per month in rental income, providing immediate, stable cash flow from day one. The property was taken down to the studs by the current owner and features all new interior finishes along with updated mechanicals, electrical, and plumbing systems, minimizing deferred maintenance concerns. There is also clear upside with for rent increases, along with additional value-add potential from the partially finished third floor to expand bedroom count to capture even higher rents in the upper unit and overall property value. Located in a strong rental area with convenient access to shopping, dining, and major highways. Seller is highly motivated and willing to offer concessions toward buyer closing costs or rate buydown. Ideal for investors looking to acquire a turn-key asset with built-in upside.
Property Features
Property Type: Multi Unit - Multiple
Basement: Concrete
Basement: Yes
Cooling: Central Air
Days on Market: 1
Garage: 2
Heating: Forced Air
Lot Size: 0.13 Acres
Roof Type: Asphalt, Fiberglass
Stories: 3.0
Taxes: $3,525 / year
Year Built: 1931
Feature Descriptions
Exterior: Aluminum Siding
Parcel#: 443-20-093
Parking: Detached, Garage
Sewer: Public Sewer
Water: Public
Local Schools
School District: Parma City
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Estimated Payment
$ 1,451.46 per month $1,092.41 Principal & Interest $293.75 Property Tax $65.30 Homeowner's InsuranceChange Payment Information
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6814-6816 Bradley Avenue | MLS# 5194944
This multi-family property located at 6814-6816 Bradley Avenue, Parma, OH 44129 is currently listed for sale with an asking price of $223,900. 6814-6816 Bradley Avenue is located within the Parma City school district. Search Parma real estate on www.cutlerhomes.com today.