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951 Royal Road, Cleveland, OH 44110

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For Sale

$129,900

4 beds • 2 baths • 1,728 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • $75.17
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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.
MLS# 5171571

Courtesy Of KW Living

(440) 318-1620

Property Features

  • Age
    Over 50 Years Old
  • Exterior Type
    Asphalt
  • Heating System
    Forced Air
  • Lot Size
    0.08 Acres
  • Roof Type
    Asphalt
  • Rooms
    Laundry Room

Map and Directions

Directions to 951 Royal Road, Cleveland, OH 44110

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Monthly Payment Breakdown

  • Principle and Interest
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  • Hazard Insurance
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  • Private Mortgage Insurance
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  • HOA Dues
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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.