1261 E 123rd Street, Cleveland, OH 44108
- $32,000
- 4
- BD
- 2
- BA
- 1,379
- SqFt
- Sold Price
- $32,000
- List Price
- $29,900
- Status
- CLOSED
- Days on Market
- 98
- Closing Date
- Sep 05, 2024
- MLS#
- 5035254
- Subtype
- Residential
- Style
- Cape Cod
- Year Built
- 1915
- Bedrooms
- 4
- Bathrooms
- 2
- Full Baths
- 2
- Living Area
- 1,379
- Acres
- 0.14
- MLS Area Major
- Cleveland
Property Description
Investment Opportunity in Cleveland! Discover the potential of this 4-bedroom, 1-bathroom property. This tenant-occupied home offers a unique investment opportunity for savvy investors looking to capitalize on the rising demand for rental properties. Key Features: Prime Location: Situated in a neighborhood with easy access to local amenities, public transportation, and major highways. Tenant-Occupied: Currently generating rental income, with tenants paying below market value, presenting a chance to increase cash flow with rental adjustments post-renovation. Value-Add Potential: This property requires significant repairs, offering the perfect canvas for an investor to add value through strategic renovations and improvements. Spacious Layout: Features four generously sized bedrooms, providing ample space for future tenants or a potential resale market. With the right vision and investment, 1261 E. 123rd Street can be transformed into a high-yield rental property or a profitable flip. Don't miss out on this chance to invest in Cleveland's thriving real estate market. Contact us today to schedule a viewing and explore the potential of this promising investment!
Additional Information
- Taxes
- $407
- Property Description
- Cape Cod
- Heating
- Forced Air
- Air Conditioning
- None
- Levels
- OneandOneHalf
- Roof
- Slate
- Parking Features
- Detached, Garage
- Garage Spaces
- 1
- School District
- Cleveland Municipal - 1809
Listing Courtesy of: Erin Dorsey Robinson, erin@boardwalkcle.com With Keller Williams Greater Cleveland Northeast
Selling Office: Howard Hanna.Mortgage Calculator
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