987 Evangeline Rd

Cleveland OH 44110

3195 sq. ft.

0.09 ac.

Duplex

Currently for sale - view listing

Overview

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.

Features

4 bedrooms

2 bathrooms

2 carspaces

2 garage spaces

3195 sq. ft. floor area

0.09 ac. lot size

Duplex

Property history for 987 Evangeline Rd

2021

Sold

$51,500

28 Jan 2021

2019

Sold

$15,000

04 Nov 2019 by James Wise, of The Holton-Wise Property Group

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