951 Royal Road
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.
Broker Details
Keller Williams Legacy Group Realty (330) 433-6005
MLS ID: 2019003291 State License Number: 2019003291
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $139,900 |
| Year Built: | 1928 |
| Lot Size: | 1,728.00 Sq ft |
| Opportunity Zone: | No |
| Property Website | Click Here |
| Number of Bedrooms: | 4 |
| Number of Bathrooms: | 2 |
ID: 3yd-NEOHREXOH-5245172
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