Home Details for 242 Hooper Road

Investors and buy and hold investors, $25,000 under resent appraisal This duplex has a approx.12..07 Cap Rate! Fully leased and fully renovated! This property has been done RIGHT no expense was spared. The only reason this investor is selling is investor doesn't like to manage property. Leases are NN which means the only costs to the owner are approx. $360 a year of a water bill and the property taxes. This is a rare opportunity to own a truly an amazing opportunity a property that has it all. Let's start with a complete rehab top to bottom. From the metal roof to smooth ceilings, the 3 bedrooms and an office are spacious. Updated electrical panel to new lights, new layout, new kitchen,2 new bathrooms. New paint flooring. What hasn't been touched and improved? Downstairs there1.1 are 2 bedrooms and 2 baths. Deplex sits on 1.17 acres. The front now has a front yard it was missing before. and you sit in a very peaceful wooded setting. Great investment opportunity! Either as 2 separate Air B/Bs or a standard duplex. Separately metered everything has been done just purchase close and receive your income! Highly sought after area in Cleveland. Hurry before it is gone! please DO NOT disturb tenants! Purchaser will be given time to view and have inspected upon successful binding contract!

• Cooling Information

  • Ceiling Fan(s)
  • Central Air
  • Electric
  • Heat Pump

• Heating Information

  • Heat Pump
  • Forced Air
  • Zoned

• Basement

  • Concrete
  • None

• Water Features

  • Public

• Utilities

  • Other

• Parking

  • Off Street