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872 Rondel RD Cleveland, OH 44110
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Key Details
Sold Price $70,750
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,880 sqft
Price per Sqft $24
Subdivision Five Points
MLS Listing ID 5079435
Sold Date 02/06/25
Bedrooms 4
Full Baths 2
HOA Y/N No
Abv Grd Liv Area 1,956
Year Built 1915
Annual Tax Amount $937
Tax Year 2023
Lot Size 3,253 Sqft
Acres 0.0747
Property Sub-Type Duplex
Property Description
Attention investors—both local and out of state or country! This affordable, turnkey duplex is fully occupied and offers a fantastic addition to any portfolio or a smooth start for first-time investors. This aluminum-sided property was cosmetically updated approximately five years ago and features spacious, desirable 2-bedroom units ideal for comfortable living. Each unit includes large, well-lit rooms, decorative fireplaces, and a layout that tenants love. Quality tenants are in place, and professional management can continue if preferred. Current leases are month-to-month, and there is potential to adjust rents to align with the area's market, estimated closer to $950 per month. Owner covers water and sewer, while tenants handle gas and electric—ideal for optimizing investment returns. Situated on a quiet street. Each unit has separate furnaces and water heaters, and the full basement includes washer/dryer hookups. Proof of funds or pre-approval required before all showings with notice and an acceptable offer. Don't miss this ready-made income property! NO WHOLESALERS
Location
State OH
County Cuyahoga
Rooms
Basement Full, Unfinished
Interior
Heating Forced Air, Gas
Cooling None
Fireplace No
Exterior
Parking Features Paved
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Private Pool No
Building
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 115-28-125
Financing Cash
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Bought with Journey Toole • Keller Williams Living