3136 W 16Th St

OPEN HOUSE: Saturday October 5th, 10:30am - 11:30am. Experience modern, comfortable living in the thriving heart of Cleveland’s Westside! Surrounded by exciting new developments and located just a 5-minute drive from popular destinations like the West Side Market, Ohio City, North Tremont, and Downtown Cleveland, this location offers both convenience and excitement. Perfectly situated between two major hospital systems—MetroHealth just 0.6 miles away and Cleveland Clinic Main Campus 6 miles away—it’s an ideal spot for healthcare professionals. This spacious duplex has been freshly painted and features stylish vinyl flooring and ceiling fans throughout. Each unit offers 2 bedrooms, 1 bathroom, and the potential to earn up to $1,100 in monthly rent per unit. With the downstairs unit already tenant-occupied at $1100 a month and the upstairs vacant, you have the option to rent both units or live in one while the other covers your mortgage. With 6.375% interest rate, your cap rate could be as high as 7.30%. With the area being rapidly developed, this could be a wonderful investment for your portfolio. The property boasts a newly built front porch, brand new GE stoves and Whirlpool refrigerators, a new hot water tank, and updated plumbing and electrical systems. This is a fantastic opportunity for both investors and homeowners looking to capitalize on Cleveland’s vibrant Westside!