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
Stories
2
MLS#
5079435
Year Built
1915
Closing Date
Feb 06, 2025
Bedrooms
4
Bathrooms
2
Living Area
2,880
Region
Cleveland
Township
Cleveland
Subdivision / Building
Five Points

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
Acres
0.07
Sewer
Public Sewer
Roof
Asphalt, Fiberglass
Water
Public
Heating
Forced Air, Gas
Cooling
None
School District
Cleveland Municipal - 1809

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Calculator source: Real Geeks

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

Selling Office: Keller Williams Living.

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