872 Rondel Road, Cleveland, OH 44110

$70,750
4
BD
2
BA
2,880
SqFt

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Sold Price
$70,750
List Price
$80,000
Status
CLOSED
Days on Market
90
Closing Date
Feb 06, 2025
MLS#
5079435
Subtype
Residential Income
Year Built
1915
Bedrooms
4
Bathrooms
2
Full Baths
2
Living Area
2,880
Acres
0.07
Subdivision
Five Points
Neighborhood
Five Points
MLS Area Major
Cleveland

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

Additional Information

Taxes
$937
Heating
Forced Air, Gas
Air Conditioning
None
Stories
2
Levels
Two
Roof
Asphalt, Fiberglass
Parking Features
Paved
School District
Cleveland Municipal - 1809

Listing Courtesy of: Christopher A Frederick, thefrederickteam@gmail.com With Coldwell Banker Schmidt Realty

Selling Office: Keller Williams Living.

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