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951 Royal Road , Cleveland, OH 44110

$139,900
  • 951 Royal Road , Cleveland, OH 44110 Main Photo

1 Photos

New to the Market Active
BEDS4 BATHS2 full SQUARE FEET1,728 MLS#5245172
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONRr &Ppp Companys Five Points SCHOOLCleveland Municipal - 1809

Property Description

Unlock a premier cash-flow opportunity with this completely renovated, turnkey duplex in Cleveland's 44110 zip code! This property is an investor's dream, designed for immediate, high-margin returns with zero deferred maintenance. Each 2-bedroom, 1-bathroom unit has been meticulously updated with a new roof, working mechanicals, and energy-efficient windows. The interiors feature fresh paint, new flooring, and updated kitchens and baths, making the units rent-ready today. This property is perfectly positioned to attract stable, long-term tenants and capitalize on strong market rents, including Section 8 payment standards that reach up to $1,152 per unit. This investment is not just about immediate income; it's also about long-term growth. The property's location is perfect for attracting a strong tenant pool, situated just minutes from the vibrant Waterloo Arts District, with its unique galleries, shops, and live music venues. Its strategic placement near I-90 provides a fast commute to downtown, while proximity to Lake Erie offers desirable recreational opportunities. This combination of cultural attractions and accessibility is driving revitalization in the area, signaling strong potential for future appreciation and increasing property values. This is a rare chance to acquire a fully updated, income-producing asset where all the capital-intensive work has been completed. With its strong cash-flow potential and promising location, this duplex is a low-risk, high-reward addition to any real estate portfolio. Whether you're a seasoned investor or just starting, this property offers a clear path to passive income and long-term wealth building. Don't miss out on this exceptional investment-schedule your showing today.

951 Royal Road | MLS# 5245172

This multi-family property located at 951 Royal Road , Cleveland, OH 44110 is currently listed for sale with an asking price of $139,900. Royal Road is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.mosholder.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Unfinished
Cooling: Wall/Window Unit(s)
Heating: Forced Air
Lot Size: 0.08 Acres
Roof Type: Asbestos Shingle
Stories: 2.0
Taxes: $2,064 / year
Year Built: 1928

Feature Descriptions

Exterior: Wood Siding
Parcel#: 115-29-030
Parking: Common, Parking Lot
Sewer: Public Sewer
Water: Public

Local Schools

School District: Cleveland Municipal - 1809

Listed By / Shown By

Listed By

Agency Name: Keller Williams Legacy Group Realty
Agency Contact: Kristy@Daisylanepropertymanagement.com, 330-571-1217

Shown By

Agency Title: Mosholder Realty
Agency Phone: 330-633-5536

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Estimate Your Payment

Estimated Payment

$ 887.42 per month $674.62 Principal & Interest $172.00 Property Tax $40.80 Homeowner's Insurance

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