Average square foot calculated using Size range provided by listing agent.
Description
Welcome to 2215 Hood Avenue, a solid cash-flowing duplex in the heart of Old Brooklyn, one of Cleveland's most desirable and fastest-growing residential neighborhoods. This classic two-unit property presents an exceptional opportunity for both owner-occupants and investors seeking an affordable entry into a high-demand rental market. The downstairs unit offers 3 bedrooms and 1 full bath, currently vacant and ready for immediate occupancy or lease at a market rent of $1, 150/month, while the upstairs unit features 1 bedroom and 1 full bath, currently rented at $750/month. With a current monthly gross income of $1, 900 and annual gross potential of $22, 800, the property provides reliable cash flow with room for upside. Recent updates include brand new roof, modern flooring and ceramic tub surround in the lower unit, vinyl and glass block windows throughout, separate utilities, updated electric panels, and partial roof replacement. Both furnaces are older but have had significant component upgrades in recent years. With the downstairs unit vacant and easy to show, this is a rare chance to increase rental income or live in one unit while a tenant helps pay your mortgage. Don't miss one of the last duplex opportunities at this price point in Old Brooklyn. 2215 Hood is turnkey and ready to deliver.Show Description