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31877342
31877359

10724 Sprague Avenue, Cleveland, OH 44108 For Sale

MA
Russell Real Estate Services
Listed by Russell Real Estate Services
$178,500
81 days on market
Updated 24 days ago

10724 Sprague Avenue

Details
Property Type Retail, Multifamily
Sub Type Duplex
Square Footage 3,100
Year Built 1816
Ground Lease No

About This Property for Sale

Marketing description

Great investment property. This Huge duplex is move in ready. Half occupied, the unit is receiving $1,500 a month. The other unit is vacant and is expected to bring another $1,300 which would be a combined total of $2,800 monthly. The property has a two new furnace and two new hot water tanks as of 2025. The roof was replaced in 2025 as well. These rental estimates are conservative since CMHA will pay $1,310 for a 3 bedroom unit and $1,808 for the 4 bedroom, 2 bath second and third floor unit. That would bring monthly rent to $3,118 potentially or $37,416 annually. The exterior has been painted and all lead issue eliminated. Just add this to your portfolio, place tenants and collect rent. Huge Income potential. The seller would prefer to sell the property AS-IS. Come and check it out today!! Up Unit is Currently Tenant occupied. No showings without an accepted offer. Only show 1st floor and common areas at this time. Please no wholesalers or assignment of contracts. The seller will not entertain owner financing. Prefer to sell property AS-IS.

Listing Contacts

MA
Russell Real Estate Services
Listed by Russell Real Estate Services

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