Colonial-style investment opportunity located at 1359 East 114th Street in Cleveland, near areas experiencing redevelopment, new construction, and continued investor activity. Previously used as a rooming house with 8 rentable rooms ($500 each = $5,000 total gross rent), this property offers potential for renovation, repositioning, or redevelopment, subject to zoning, licensing, and municipal approvals. The home features approximately 1,830 sq. ft. of living space, 2 full bathrooms, a full basement, and a finished attic. The property is currently vacant, boarded, and secured, and is being sold strictly as-is. Former rental setup included individual locking room doors, but no current rental income is in place. Buyer to conduct all due diligence regarding condition, permitted use, rooming house licensing, code compliance, occupancy, and future development potential. Strong opportunity for investors, rehabbers, or builders looking for a project in a high-demand Cleveland location.
11 days
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253
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20
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Zillow last checked:
Listing updated:
Listed by:
David L Sturgeon216-375-4486davidsturgeon@howardhanna.com,
Howard Hanna
Source: MLS Now,MLS#: 5225243Originating 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
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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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