1754 Algonac Road, Cleveland, OH 44112

Property Description

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.