4 months on rocket

1757 Alcoy Rd, Cleveland, OH, 44112

$194,900

Home List Price

$2,314*

Closing Credit

4 Bedrooms
4 Full Baths
3,786 SqFt
$51/SqFt
Multi

Location

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1757 Alcoy Rd, Cleveland$194,900

Buyer Closing Credits

$2,314*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingOn Street
Year Built1910
HeatingForced Air, Natural Gas
CoolingNone
BasementYes
MLS #5051239
Lot Size0.07 Acres
StatusActive

About 1757 Alcoy Rd

Discover an incredible investment opportunity with this 4-unit property in Cleveland! Two units are currently occupied bringing in $1,350 per month with a proforma monthly rental income of $2,700. Tenants handle their own electric and gas, while the owner covers water and sewer. With a proforma cap rate exceeding 10% this property has potential for substantial returns. Recent updates include 4 new furnaces and water tanks, some fresh carpet, paint, flooring, and small touches to kitchens and bathrooms to make the units rent ready. Don't miss out on this chance to secure this potentially extremely profitable addition to your portfolio!

Property Details

Property Features

Property Information:

  • Year Built: 1910
  • Living Area: 3,786 SqFt

Listing Office:

  • Office Name: Russell Real Estate Services
  • Office Phone: (216) 870-8687
  • Listing Agent: Tal Tamir

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Attached Garage: No
  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: None

Other

Directions Information:

  • Directions: West of HWY 20

Price Information

Listing Price Info

Price Summary:

  • List Price: $194,900
  • Price Per SqFt: $51/SqFt

Tax Information:

  • Annual Amount: $1,591
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Cleveland, OH.

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Cleveland, OH

City

Med. Sold Price

$164.2K

Med. Price/SqFt

$99

Avg. Days On Market

36

# of Sold Homes

719

1757 Alcoy Rd vs Cleveland

131 DAYS ON ROCKET

+95 Days

$194,900

+$30.6K More

$51/SqFt

-$49 Less

KEY TAKEAWAY

This property is $30.6K more than the Median Sold Price and $49/SqFt less than other homes in Cleveland, OH.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NOWDD
  • MLS Number: #5051239

Listing Office:

  • Office Name: Russell Real Estate Services
  • Office Phone: (216) 870-8687
  • Listing Agent: Tal Tamir

IDXCopyright 2024 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 8:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 22, 2019Home Sold
$65,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,591$15,300
2019$2,621$15,300
2018$2,774$15,300
2017$1,824$17,960

History based on county public records data.

Payment Calculator

$1,040

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$651

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-428188
3
/10

  • Mayfair Elementary School

  • 13916 Mayfair Ave

  • 1.37 miles

  • Public District Grades 3-5

school-card-donut-428189
4
/10

  • Oxford Elementary School

  • 939 Quilliams Rd

  • 1.40 miles

  • Public District Grades KG-5

school-card-donut-428190
5
/10

  • Noble Elementary School

  • 1293 Ardoon St

  • 2.06 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $36,585. The majority of Cleveland, OH residents have income less than $35k annually. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Ohio›Cuyahoga County›Cleveland›44112›1757 Alcoy Rd

This home is located at 1757 Alcoy Rd in Cleveland, OH and zip code 44112 in the Euclid-Green neighborhood. This 3,786 square foot home, which was built in 1910, sits on a 0.07 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since July 08, 2024 and is currently priced at $194,900.

In October 2024, from all listings sold in Cleveland, OH there were more than 275 sold above asking price, over 333 sold below and more than 110 were sold right at the asked price. The number of homes for sale in Cleveland, OH increased by 4.7% between September 2024 and October 2024. While the average time on the market in October 2024 was 36 days, the median list price was $164,291.

From Rocket Homes Real Estate and based on county public records data.

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