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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 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.
1754 Algonac Road, Cleveland, Ohio 44112
Residential Income For Sale
- Joseph Zingales
- View website
- 440-296-5006
- 440-346-2031
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josephzingales@gmail.com
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info@ohiohomeservices.net