For sale by owner
  • $65,000

    1831 Knowles St, East Cleveland, OH 44112

    4beds
    2,246sqft
    : 
    SingleFamily
    Built in 1899
    6,600 Square Feet Lot
    $-- Zestimate®
    $29/sqft
    $-- HOA

    Overview

    UNLOCK up to a 65k Cash Return with this Cleveland Gem! A fantastic investment opportunity is waiting for you!This property is a rehab project with massive potential. Will accept verbal offers but will not go under contract until walk through has been done. Reach out for more pics and information. DEAL HIGHLIGHTS: 6 Beds | 2.5 Baths | 2,246 Sq Ft Asking Price: $65,000 Rehab Budget: $85,000 After Repair Value (ARV): $215,000 INVESTMENT BREAKDOWN: •Down Payment: $35,000 •**Monthly Rent:** $2,000 •Annual Revenue: $24,000 •**Cash Flow:** $8,096/year •CASH-ON-CASH RETURN: 23%! WHY THIS IS A SMART INVESTMENT: Massive Equity Potential: $65,000+ in built-in equity! Strong Rental Market:** Comps show rents up to $2,000/month Great ARV: Projected value after rehab: $215,000 PERFECT FOR: •Buy & Hold Investors •Portfolio Expansion •Wealth Building through Real Estate Don't miss out on this opportunity! The numbers speak for themselves. Interested? Message me for the full property details and comps!
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