10724 Sprague Avenue, Cleveland, OH 44108
- $45,000
- 5
- BD
- 3
- BA
- Sold Price
- $45,000
- List Price
- $58,000
- Status
- CLOSED
- Days on Market
- 112
- Closing Date
- May 22, 2025
- MLS#
- 5097324
- Subtype
- Residential Income
- Year Built
- 1916
- Bedrooms
- 5
- Bathrooms
- 3
- Full Baths
- 3
- Acres
- 0.07
- Subdivision
- William Amblers
- Neighborhood
- William Amblers
- MLS Area Major
- Cleveland
Property Description
This multi-family home offers a prime opportunity for an investor looking to add value through a rehab project. With a new roof completed in 2024, the property features two units, each with 2 bedrooms and 1 bathroom. The attic has already been finished with a bedroom and full bath, offering additional living space that could be incorporated into the second unit, or potentially used to convert the property into a triplex. With market rents and CMHA guidelines in mind, each 2-bedroom unit could generate $1,329 per month, creating strong rental income potential. This is an excellent investment for those looking to expand their portfolio and unlock long-term value.
Additional Information
- Taxes
- $790
- Heating
- Forced Air
- Air Conditioning
- None
- Levels
- Three Or More
- Roof
- Asphalt, Asbestos Shingle, Fiberglass
- Parking Features
- Driveway, On Street
- School District
- Cleveland Municipal - 1809
Listing Courtesy of: Alexys Jones, alexysjones@kw.com With Keller Williams Greater Metropolitan
Selling Office: Russell Real Estate Services.Mortgage Calculator
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