Property Description

Welcome to this spacious Tudor-style duplex in the heart of Parma, one of Northeast Ohio's most sought-after rental markets. This well-maintained property presents an outstanding opportunity for investors and owner-occupants alike, featuring long-term tenants with flexible month-to-month leases and current rents below market, offering immediate upside potential. Each unit offers a classic, functional layout with 2 bedrooms, 1 full bath, and beautiful hardwood floors throughout. Inviting living rooms feature decorative fireplaces, while formal dining rooms include charming built-in cabinetry. The kitchens come equipped with a range and refrigerator and open to a cozy breakfast nook. Additional features include shared basement access with laundry, a remodeled full third bathroom, and abundant storage space. Each unit also includes one space in the 2-car garage with a power door, plus a fully fenced backyard for added privacy and outdoor enjoyment. A standout feature is the expansive third-floor attic space (over 1,100 sq ft), complete with vinyl replacement windows, electric, and its own A/C unit, offering incredible potential for additional living space or possible expansion of the upper unit. Recent updates provide peace of mind, including two new furnaces with updated ductwork, a newer electrical panel, a newer roof, two brand-new rear decks, and freshly painted common areas. Situated on a quiet street yet conveniently located within walking distance to shopping, dining, and everyday amenities, this property combines charm, space, and strong income potential in one exceptional package. The listing agent is related to the seller.

Property Features

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