MULTI_FAMILY - Cleveland, OH
1754 Algonac Rd, Cleveland, OH 44112 - Fully Rehabbed Duplex Investment Opportunity CASH FLOW DAY 1 SECTION 8 GROSS RENTS $2,337 a month Turnkey and fully occupied duplex in Cleveland offering excellent cash flow and strong long-term leases. Ideal for out-of-state or passive investors seeking a clean, renovated, income-producing property at an affordable price. Financials: Lower Unit: $1,250/month (lease: 7/1/25-6/14/26) Upper Unit: $1,087/month (lease: 7/26/25-7/25/26) Gross Rents: $2,337/month ($28,044/year) Price: $139,000 Highlights: Fully rehabbed inside and out - updated kitchens, modern baths, new flooring, fresh paint, and all major systems upgraded. All new hot water tank, all new furnace, all new utilities. All new appliances Tenants pay all utilities besides water Both units occupied with reliable tenants and long-term leases already in place. Strong rent-to-price ratio exceed...
1754 Algonac Rd, Cleveland, OH 44112 - Fully Rehabbed Duplex Investment Opportunity CASH FLOW DAY 1 SECTION 8 GROSS RENTS $2,337 a month Turnkey and fully occupied duplex in Cleveland offering excellent cash flow and strong long-term leases. Ideal for out-of-state or passive investors seeking a clean, renovated, income-producing property at an affordable price. Financials: Lower Unit: $1,250/month (lease: 7/1/25-6/14/26) Upper Unit: $1,087/month (lease: 7/26/25-7/25/26) Gross Rents: $2,337/month ($28,044/year) Price: $139,000 Highlights: Fully rehabbed inside and out - updated kitchens, modern baths, new flooring, fresh paint, and all major systems upgraded. All new hot water tank, all new furnace, all new utilities. All new appliances Tenants pay all utilities besides water Both units occupied with reliable tenants and long-term leases already in place. Strong rent-to-price ratio exceeding the 1% rule, making it a true cash-flow performer. Professionally managed with a $300 property reserve in place for smooth operations. Low maintenance and high return - a perfect addition to any investment portfolio. This is a fully rented, turn-key money maker priced at just $139,000. A rare opportunity to own a stable, renovated duplex in Cleveland producing immediate income and long-term growth potential. Seller also selling 1743 Algonac Road, Cleveland, Ohio 44112 Contact your agent today before this high-performing investment is gone.
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