$194,900
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1757 Alcoy Road Cleveland, OH 44112
Fourplex
Residence
4
Beds
4
Baths
Sq. Ft.
0.07
Acre
Lot
Property Activity
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days
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Discover an incredible investment opportunity with this 4-unit property in Cleveland! Two units are currently occupied bringing in $1,350 per month with a proforma monthly rental income of $2,700. Tenants handle their own electric and gas, while the owner covers water and sewer. With a proforma cap ...rate exceeding 10% this property has potential for substantial returns. Recent updates include 4 new furnaces and water tanks, some fresh carpet, paint, flooring, and small touches to kitchens and bathrooms to make the units rent ready. Don't miss out on this chance to secure this potentially extremely profitable addition to your portfolio!
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MLS#
5051239
Property Type
Fourplex
Bedrooms
4
Bathrooms
4 Full
Year Built
1910
Lot Size
0.07
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