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Cleveland, OH, 44128 • 44128 • Cuyahoga County
$11/sqft
4Beds
2Baths
2,069Sqft
0.12 acLot
1920Built
Character Home
Built 1920 · 106 years of history
Demand and pricing signals for this listing
4 views
People checking out this listing
545 days on market
Established listing
$11/sqft
Price per square foot
Single Family · Built 1920 · Historic
This spacious four-bedroom home offers an excellent opportunity for savvy investors looking to generate cash flow through rental income. Located in a desirable neighborhood, this property boasts two full bathrooms and is primed for medium cosmetic updates, allowing you to personalize the space while increasing its value. With the potential to expand into the basement, this home represents a fantastic investment opportunity. #### Exterior Features - **Curb Appeal**: The home features a welcoming facade with well-maintained landscaping, a charming front porch, and ample parking space. - **Yard**: The backyard is spacious, providing room for outdoor activities or potential landscaping improvements that could enhance the property's appeal to future tenants. #### Interior Features - **Living Space**: Enter into a bright and airy living room that serves as the heart of the home, perfect for family gatherings or entertaining guests. Large windows allow for natural light, creating a warm and inviting atmosphere. - **Kitchen**: The kitchen is functional and spacious, featuring plenty of cabinets and countertop space. With some updates like modern appliances and fixtures, this area can easily become a highlight of the home. - **Bedrooms**: The home includes four generously sized bedrooms, each with ample closet space. The layout offers flexibility for family living or can be adapted for multiple tenants. - **Bathrooms**: There are two full bathrooms, both of which are in good condition but could benefit from some cosmetic updates. Consider adding modern finishes to maximize rental appeal. #### Basement Potential The basement offers an incredible opportunity for expansion. With sufficient space to add two additional bedrooms and a bathroom, this area can significantly increase the property’s rental potential. This development could make the home suitable for larger families or shared living arrangements, meeting the needs of a diverse range of tenants. #### Investment Potential - **Rental Income**: With the potential to rent the property to Section 8 tenants, you could expect monthly rents between $1,800 and $2,300, depending on the upgrades made and the local rental market conditions. - **Cash Flow**: Given the cosmetic work required is moderate, you can quickly enhance the property’s value and appeal without significant investment, paving the way for immediate cash flow. - **Location**: Situated in a community with good schools, parks, and amenities, this home is strategically positioned to attract long-term tenants, ensuring consistent rental income. #### Conclusion This four-bedroom home presents a unique opportunity for investors looking to capitalize on a rental market with significant potential. With the right updates and the ability to expand the living space, you can maximize your return on investment while providing a desirable living situation for tenants. Don’t miss out on this amazing investment opportunity!
Based on current rates
Est. 6.75% rate · 30yr fixed · $18,472 loan
Full calculator →Key facts and listing details
5 categories of property features
Market data and value estimates
3 schools rated nearby
Cleveland, OH, 44128
9 events
24 years of records
Local context around this listing
Cleveland, OH • Cuyahoga County
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