987 Evangeline Road, Cleveland, OH 44110
- $118,000
- 4
- BD
- 2
- BA
- 3,195
- SqFt
- List Price
- $118,000
- Status
- ACTIVE
- Stories
- 2
- MLS#
- 5178449
- Year Built
- 1905
- Price Change
- ▼ $12,000 1787776177
- Bedrooms
- 4
- Bathrooms
- 2
- Living Area
- 3,195
- Region
- Cleveland
- Township
- Cleveland
- Subdivision / Building
- St Clair Land
Property Description
Excellent duplex investment opportunity priced to move offering AS IS! Strong rental potential and a solid layout make this a great addition to an investment portfolio or an ideal first multifamily purchase. Potential rental income up to approximately $1,200 per unit depending on setup and market conditions. Conveniently located near South Collinwood and just minutes from Cleveland Heights, with easy access to major routes, shopping, dining, and employment centers. Buyer has the option to purchase AS IS at the current price or increase the purchase price by $8,500 for the seller to install two new furnaces and two new hot water tanks prior to closing. Three dimensional Matterport tour available by request, making it easy to explore the property remotely. Seller may also be open to selling an additional duplex or larger multi property package for investors looking to scale their portfolio. Great opportunity to add value, build cash flow, and secure a multifamily property at an attractive price point. Reach out today for details and access to the virtual tour.
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Additional Information
- Taxes
- $2,188
- Acres
- 0.09
- Sewer
- Public Sewer
- Roof
- Asphalt, Fiberglass
- Water
- Public
- Garage Spaces
- 2
- Heating
- Forced Air, Gas
- Cooling
- Wall Unit(s)
- School District
- Cleveland Municipal - 1809
Mortgage Calculator
Listing Courtesy of: Kit Custer, kitsoldit@gmail.com With RE/MAX Transitions
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