12500 Soika Avenue

Calling all investors! This duplex features 2 units that are vacant and rent ready and located just 4 minutes from Shaker Square! This property offers an incredible opportunity for both savvy investors and those looking for an opportunity to house hack and build their portfolio. Each unit features 2 bed, 1 bath that could be occupied for at least $850/ mo for a total of $1700/mo or $20,400/ year. Section 8 would likely offer much more! The owner is responsible for water and sewer while the tenants can pay their own electric and gas. Current taxes are just $735/year making expenses extremely low and you cash flow extremely high. Updates include new carpet, new electric panels and new gas lines. Tenants will love the location thanks to the shopping and restaurants in the shaker square and Larchmere neighborhoods nearby. There is tons of local transportation and the Cleveland Clinic is less then 15 minutes away. Great opportunity for sec 8. Home offers great value add potential; Mostly just cosmetic, but will require 1 furnace, hot water tank and the 2 car garage could use some repair. Showings are easy. Please check broker remarks.