This property is ready for a full transformation and presents a strong opportunity for the right investor ready to bring new life to a multi-family asset in East Cleveland. WE WILL NOT ENTERTAIN WHOLESALERS, ASSIGNMENT CONTRACTS, OR VESTED CONTRACTS. THE BEGINNING BUYER MUST BE THE END BUYER. Seller is looking for serious direct purchasers only.
Situated on a quiet street, this two-unit multi-family property is a complete rehab project with major upside potential. The property currently has no plumbing or mechanical systems in place, and the roof will require TLC and repairs. This is not a light cosmetic renovation, but rather an opportunity for an experienced investor or owner-occupant to redesign and rebuild to their vision.
With rental rates in the area ranging approximately from $800-$1,200 per month per unit, the income potential after renovation makes this an attractive value-add opportunity. Whether you're looking to expand your portfolio, create long-term cash flow, or complete your next project, this property offers the blank canvas needed to make it happen. Conveniently located near local amenities, transportation, and access routes, this property is primed for a new owner, a new look, and a fresh start.
82 days
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174
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18
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Zillow last checked:
Listing updated:
Listed by:
Cliff Louis203-554-9020CliffLouis@kw.com,
Keller Williams Greater Metropolitan,
Athena T Nimmer216-312-5959,
Keller Williams Greater Metropolitan
Source: MLS Now,MLS#: 5209525Originating MLS: Akron Cleveland Association of REALTORS
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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