4104 Woburn AvenueCleveland, OH 44109
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Enter an interest rate to see your estimated monthly payment.4104 Woburn — Duplex with Storefront Great investment opportunity featuring a two-unit duplex with a storefront/bonus space currently used for storage. Both residential units offer an identical layout with 2 bedrooms, a living room, a dining room, and 1 bathroom. The downstairs unit is currently vacant, making it easy to show. The upstairs unit is tenant occupied at $900/month on a month-to-month lease, and the tenant would like to remain long term. Landlord currently pays water and sewer. Tenant pays all their utilities. Estimated market rent for the downstairs unit is approximately $1,200/month, offering potential for increased rental income. Recent updates include: Newer vinyl windows; New roof; New mechanical systems; New hot water tanks; New furnaces; New luxury vinyl flooring. The storefront/storage space, downstairs unit, and basement are available for viewing. The upstairs unit will only be shown after a bona fide offer has been submitted. The property offers numerous possibilities for an owner-occupant or investor, including the potential to utilize the storefront/bonus space for additional income or other permitted uses. Live in one unit and rent the other, or add this property to your rental portfolio. Located in a neighborhood with strong rental demand, this property offers an attractive combination of existing cash flow and potential upside. Priced to sell. Don’t miss this opportunity! Schedule your showing today. (Please do not disturb or communicate with the upstairs tenant).
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