Pat Fugate-DeVille
REALTOR®
BEDS8
BATHS3 full
SQUARE FEET2,658
MLS#5204169
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONRoman & Frances Stengers
SCHOOLCleveland Municipal - 1809
Property Description
Offering a strong investment opportunity with immediate income with this side-by-side Duplex! One unit is already occupied (tenant in place for over 20 years rent $1558 m-t-m lease), providing steady rental income from day one, while the second unit has been updated and is move-in ready for a new tenant (advertised for rent at $1600). Both units are very spacious and filled with natural light, featuring a well-designed layout with a large living room, dining room, and kitchen on the first floor. Each unit offers 4 generously sized bedrooms while one unit includes 2 full bathrooms and the other offers 1 bathroom. The updated unit showcases neutral finishes and has an additional bonus room. Ideally located just minutes from the Cleveland Clinic, downtown Cleveland, and major freeways, this property offers exceptional convenience for tenants. Easy access to public transportation makes commuting simple, adding to the strong rental appeal of this investment. Lead Safe certified. With the current and projected rental income, this property delivers over a 10% cap rate, making it an excellent addition to any investor's portfolio. No seller financing
Property Features
Property Type: Multi Unit - Multiple
Basement: Partially Finished
Basement: Yes
Cooling: Ceiling Fan(s)
Heating: Forced Air
Lot Size: 0.09 Acres
Roof Type: Asphalt
Stories: 3.0
Taxes: $920 / year
Year Built: 1910
Feature Descriptions
Appliances: Dryer, Microwave, Range, Refrigerator, Washer
Days on Site: 1
Exterior: Aluminum Siding
Laundry: In Basement
Parcel#: 107-11-026
Parking: Concrete, On Site, Off Street
Security: Smoke Detector(s)
Sewer: Public Sewer
Water: Public
Local Schools
School District: Cleveland Municipal - 1809
Listed By / Shown By
Listed By
Agency Name: Keller Williams Greater Cleveland Northeast
Agency Contact: irisewheeler@gmail.com, 216-536-8597
Shown By
Agent Name: Pat Fugate-DeVille
Agent Phone: (330) 495-4811
Agency Title: DeHOFF REALTORS
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Estimated Payment
$ 1,371.25 per month $1,214.41 Principal & Interest $76.67 Property Tax $80.18 Homeowner's InsuranceChange Payment Information
Pat Fugate-DeVille
Office: (330) 499-8153 ext. 128
Cell: (330) 495-4811
Fax: (330) 499-7127
For N. Canton Homes: (330) 495-4811
For Portage Lake Properties: (330) 644-0628
For Akron Properties: (330) 644-0628
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1204 Ansel Road | MLS# 5204169
This multi-family property located at 1204 Ansel Road, Cleveland, OH 44108 is currently listed for sale with an asking price of $274,900. Ansel Road is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on pfugate.dehoff.com today.