1523 Hillcrest RoadEast Cleveland, OH 44118

Property Description

This fully renovated duplex presents an exceptional opportunity for investors seeking strong cash flow and minimal upfront work! The property features a spacious lower unit offering 3 bedrooms and 1 full bathroom, and an expansive upper unit with 5 bedrooms and 1 full bathroom?both designed with functional kitchens and adjoining dining areas, ideal for comfortable everyday living. A full basement provides additional storage space or the potential for future value-add opportunities, while the 2-car detached garage adds further convenience and tenant appeal. Both units are currently vacant, allowing for immediate leasing at market rates or flexibility for an owner-occupant strategy. The lower unit has an estimated market rent of $1,800/mo., while the upper unit commands approximately $2,200/mo., creating a combined potential income of $4,000 per month?making this a strong cash-flowing asset from day one! The property has undergone extensive updates throughout. Exterior improvements include vinyl siding, newer windows, a new roof, updated plumbing and electrical systems, and fully rebuilt porches and balconies. Inside, both units have been renovated top to bottom with modern finishes, including updated kitchens and bathrooms, new light fixtures, durable LVP flooring, and fresh interior paint throughout. Located in East Cleveland, just a short walk from the Forest Hill Park Tennis Courts, this property benefits from proximity to major roads, public transportation, shopping, dining, and everyday amenities?making it highly attractive for tenants. Full service property management available with dedicated departments for leasing, marketing, tenant communication. Plus rehab and construction services for remote investors! With its size, updates, and income potential, this duplex is perfectly positioned for investors looking to expand their portfolio with a low-maintenance, high-performing property! No wholesalers. No Seller financing. No low ball offers.

Property Features

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