PROPERTY INFORMATION

Looking for an outstanding investment property to be used as an Executive Rental, an AirB&B, a B&B, or part-time 2nd home/rental property? Look no further!! Check out this investment property in a fantastic location!! It is actually a duplex too for greater income potential. Located less than a 2 minute drive to historic West Side Market & The Flats; 5 minutes to all sporting venues, bars & restaurants, Playhouse Square, and Cleveland State University; and less than 15 minutes to Cleveland Clinic, Case Western University, University Hospital, University Circle, and Metro Hospital. This gorgeous updated 2934 sq ft luxury duplex has tons of character thanks to its original roots as a blacksmith barn and shop: exposed original brick, vaulted ceilings with exposed original beams, exposed barn wood feature walls, skylights, and local architectural elements. This fully fenced property is currently being used as a successful and profitable B&B (Business is not for sale). It has an A-frame cedar-sided exterior with a stunning private landscaped courtyard and a front patio area for a relaxing retreat-like feel. The grounds are meticulous with gorgeous rare trees, blue stone hardscape, landscape lighting, and irrigation system. There is a striking 2-story 1 bedroom 1 bath unit at the back end of the property with private entrance. As the blacksmith shop of the original barn, it has original exposed beams & brick walls with architectural elements, a dining area for two, living area with Vermont Stove style gas fireplace, fully equipped updated kitchen, private courtyard entrance, 2nd floor lofted bedroom & updated bath with European tiled shower. The 2-story 2nd unit at the front end of the property is spacious and original exposed beams, vaulted ceilings, fireplace with cedar mantel, local architectural elements, a fully equipped updated kitchen, & two 2nd floor bedroom suites, one with a walk-in closet and electric fireplace, both with en-suite updated luxury spa baths. There is a possible 3rd efficiency suite with a bath, laundry/utility room, & separate entrance. It is currently used as storage for bedding/linens and snacks, beverages, and paper products as well as for deliveries and catering. It could be an Air B&B efficiency unit, a common area exercise room, or modified to become additional living space for either the front or rear units or both, or it can be completely opened up to convert this duplex to a single family home! Updates to this property include: new roof, gutters, & leaf guards in 2020; new kitchens & baths in 2016-2018; new windows & exterior doors in 2016; and more! Live in one unit and lease out the other unit, or use it as an executive rental, or as an AirBnB full time or when you are away, or use it as a full time B&B. With a strong industrial base, a growing tech scene, and several renowned tourist attractions, the city of Cleveland has a diverse range of visitors throughout the year. As a result, the Airbnb rental market in Cleveland has been growing steadily in recent years. This is the perfect place for an Airbnb or B&B or an executive rental!! As a B&B, nightly rates pull in between $259-$279 per night, per suite!! Airbnb rates would be slightly less per night.