1758 Algonac, Cleveland, OH 44112

$113,500
  • 1758 Algonac, Cleveland, OH 44112 Main Photo

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New to the Market Active
BEDS5 BATHS2 full SQUARE FEET3,188 MLS#5236708
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONImperial Road Allotment SCHOOLCleveland Municipal - 1809

Property Description

ATTENTION INVESTORS! EXCELLENT DUPLEX OPPORTUNITY WITH IMMEDIATE INCOME & ADDITIONAL RENTAL POTENTIAL! Fantastic opportunity to expand your investment portfolio with this spacious two-family property offering a great combination of existing rental income and the flexibility of a vacant unit! This duplex features a vacant 2-bedroom unit and an occupied 3-bedroom unit, making it an attractive opportunity for both seasoned investors and buyers looking to get started in real estate investing. The upstairs 3-bedroom unit is currently occupied by a market-rate tenant who is current on rent, paying $670 per month plus an additional $125 flat monthly fee for water and sewer, providing $795 in total monthly collections. The vacant 2-bedroom unit offers an excellent opportunity for the next owner to make improvements, establish their own rental rate, and create an additional income stream! Whether you're looking to add another income-producing property to your growing portfolio or explore the possibility of occupying one unit while collecting rent from the other, this property offers tremendous flexibility and potential. DON'T MISS THIS OPPORTUNITY TO OWN A DUPLEX WITH EXISTING RENTAL INCOME AND ROOM TO INCREASE CASH FLOW! Property is being sold AS-IS. No wholesalers, contract assignments, or owner financing. Property is part of a larger investment portfolio and may be purchased individually or as part of a bulk portfolio purchase.

1758 Algonac | MLS# 5236708

This multi-family property located at 1758 Algonac, Cleveland, OH 44112 is currently listed for sale with an asking price of $113,500. Algonac is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.mcrealestateohio.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Unfinished
Cooling: None
Garage: 2
Heating: Forced Air, Gas
Lot Size: 0.12 Acres
Roof Type: Asphalt
Stories: 2.0
Taxes: $1,345 / year
Year Built: 1928

Feature Descriptions

Accessibility: None
Exterior: Aluminum Siding, Vinyl Siding
Laundry: In Basement
Parcel#: 117-03-029
Parking: Detached, Garage
Sewer: Public Sewer
Water: Public

Local Schools

School District: Cleveland Municipal - 1809

Listed By / Shown By

Listed By

Agency Name: Coldwell Banker Schmidt Realty
Agency Contact: thefrederickteam@gmail.com, 216-210-7653

Shown By

Agency Title: M.C. Real Estate
Agency Phone: (330) 723-9911

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Estimated Payment

$ 397.79 per month $252.60 Principal & Interest $112.08 Property Tax $33.10 Homeowner's Insurance

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