$99,000 · CLEVELAND, OH 44108
Works for flippers · The rent looks wrong

Sold

$99,000Asking price

8 bd · 2 ba · 3,162 sq ft · built 1900

CLEVELAND, OH 44108

Contract on file

via InvestorLift Classic

1 view · listed Oct 27

Works for flippers

The rent looks wrong

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $175,000
Asking price: −$99,000
RepairsMiddle of the seller’s $20,000 – $35,000. Ours: $44,500 – $92,500: −$27,500
Loan, holding, closing20% down, 12% interest, 2 points, 71 days: −$11,653
Profit21.1% of ARV · flippers want 10%+: $36,847
Works

Works for a flipper up to $117,000.

LEPINSKI PROPERTY GROUP

Nicholas Lepinski

No reviews yet

Comps

Sales

Rents

ARV $175,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $163,000.

The sales behind this value are shown to members.

ARV $175,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

LEPINSKI PROPERTY GROUP

Nicholas Lepinski

No reviews yet

Seller Description

INVESTOR SPECIAL – HUGE 8-BEDROOM DUPLEX WITH CASH COW POTENTIAL IN CLEVELAND!

Attention investors and cash flow seekers! Don't miss this incredible opportunity to own a spacious 8-bedroom duplex in Cleveland, Ohio 44108! With a total of 8 bedrooms, this property offers tremendous income-producing potential and could be a true CASH COW for the right investor!

Currently VACANT, this property provides the perfect opportunity to renovate, reposition, and rent both units at market rates without having to deal with existing tenants. Whether you're looking to expand your rental portfolio, generate strong monthly cash flow, or pursue a value-add investment strategy, this duplex offers plenty of possibilities.

With its generous bedroom count and multifamily layout, this property has the potential to become a high-performing rental investment. Bring your vision, maximize the rental income, and start building long-term equity!

VACANT AND READY FOR ITS NEXT OWNER! Investors, landlords, and savvy buyers—don't let this opportunity pass you by! Schedule your showing today!