-
1757 ALCOY RD CLEVELAND, OH 44112
- Townhouse or Condo / Resale (MLS)
Property Details for 1757 ALCOY RD, CLEVELAND, OH 44112
Features
- Price/sqft: $51
- Lot Size: 3200 sq. ft.
- Total Units: 4
- Total Rooms: 8
- Room List: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4
- Stories: 200
- Roof Type: FLAT
- Heating: Forced Air Heating
- Construction Type: Wood
- Exterior Walls: Wood Siding
Facts
- Year Built: 01/01/1910
- Property ID: 914993845
- MLS Number: 5051239
- Parcel Number: 117-01-053
- Property Type: Townhouse or Condo
- County: CUYAHOGA
- Legal Description: 43 MOTT 0011 ALL
- Zoning: 2F
- Listing Status: Active
Sale Type
This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
Description
This listing is NOT a foreclosure. Discover an incredible investment opportunity with this cash-flowing 4-unit property in Cleveland! Fully occupied, each 1 bed/1 bath unit rents for $675, bringing in a total of $2,700 per month. Tenants handle their own electric and gas, while the owner covers water and sewer. With a cap rate exceeding 10% and over a 17% cash-on-cash return, this property has potential for substantial returns. Recent updates include 4 new furnaces and water tanks, some fresh carpet, paint, flooring, and small touches to kitchens and bathrooms to make the units rent ready. Don't miss out on this chance to secure a profitable addition to your portfolio!
Real Estate Professional In Your Area
Are you a Real Estate Agent?
Get Premium leads by becoming a GetRentToOwn.com preferred agent for listings in your area
Click here to view more details
Property Brokerage:
Russell Real Estate Services
33 Public Square
Brecksville
OH
44141
Copyright © 2024 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
All information provided is deemed reliable, but is not guaranteed and should be independently verified.