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.
Listed By
Agency Name: Coldwell Banker Schmidt Realty
Agency Contact: thefrederickteam@gmail.com, 216-210-7653
Shown By
Agent Name: Guy Swingle
Agent Phone: (330) 421-0660
Agency Title: M.C. Real Estate
Estimated Payment
$ 397.79 per month $252.60 Principal & Interest $112.08 Property Tax $33.10 Homeowner's Insurance
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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 gswingle.mcrealestateohio.com today.