Fantastic investment opportunity in the heart of the appreciating 44104 zip code! This duplex presents a prime value-add play for any investor's portfolio. Each unit features a desirable 2-bedroom, 1-bathroom layout with a functional floor plan. The property requires some TLC and renovations to be rent-ready, but with solid bones and a clear path to improvement, it's the perfect canvas for a savvy buyer looking to capitalize on a property with immense potential. With minimal updates, this duplex is poised to generate significant cash flow.
Location is key, and this property is strategically situated just minutes from major employers like the Cleveland Clinic, University Hospitals, and the bustling University Circle area, ensuring a strong and consistent tenant pool. This area also offers a significant opportunity for Section 8 tenants, with local payment standards for a 2-bedroom unit at $1,128, promising reliable and competitive rental income. The neighborhood is experiencing a surge of revitalization, with new construction and renovation projects contributing to rising property values. This is a unique chance to invest in an area on a clear upward trajectory, securing a valuable asset with promising future appreciation.
Bring your investors and contractors to explore the incredible potential this property holds. This is an ideal opportunity for a buy-and-hold strategy in a high-demand rental market. Don't miss your chance to transform this diamond in the rough into a top-performing asset. Schedule your showing today
For sale
$91,900
11232 Continental Ave, Cleveland, OH 44104
4beds
1,728sqft
Est.:
Duplex, Multi Family
Built in 1916
-- sqft lot
$-- Zestimate®
$53/sqft
$-- HOA
What's special
Functional floor plan
- 11 days |
- 785 |
- 55 |
Likely to sell faster than
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