FSOB FREE IN CLEAR OF LEANS & ENCUMBRANCES
Prime opportunity for investors! Amazing ROI potential! This 6 bedroom home is nested on a quiet road of multi-generational homeowners and renters in the Glenville neighborhood- which has seen tremendous redevelopment and gentrification activity. This home offers 1488 sq ft of living space & 744 sq ft of unfinished basement. It has high rental yield income potential and ideal for room-by-room rental, shared housing for veterans, students, transitional housing, or a large family. This area (44108) has seen a 47% increase in value over the past year and is projected to significantly appreciate in the future. This home is located in a federally recognized OPPORTUNITY ZONE, which offers tax incentives for investors. It is in close proximity to major employment hubs Cleveland Clinic, Case Western Reserve, the VA, and University Hospitals. This home is conveniently one road away from plenty of dining, shopping, and cultural attractions. This home is also close to major highways and Lake Erie. It does need work. Brand new roof. ARV $150K.
•instant equity
•strong cash flow potential
•exceeds the 1% rule
•investing in area with rising value
•multiple profitable exit strategies
For sale by owner
Price cut: $15K (7/20)
$65,000
563 E 103rd St, Cleveland, OH 44108
6beds
2,230sqft
Est.:
SingleFamily
Built in 1910
3,120 Square Feet Lot
$-- Zestimate®
$29/sqft
$-- HOA
What's special
Quiet road
- 33 days
- on Zillow |
- 2,171 |
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