🏡 Opportunity in Cleveland, OH – Fix & Flip and BRRR Potential in Section 8 Market 🏡

Cuyahoga County, Cleveland, OH, 44104
Sold
Listed at: June 21st, 2024
Price
$45,000
ARV
$115,000
Gross Margin
$70,000
Sq. Footage
1589
Type
Single-Family
Parking
Driveway
Year build
1915
Lot size
0.13 acres
Bedrooms
4
Bathrooms
2
Half Bathrooms
0
Summary

📍 Location:

  • Located in a desirable area of Cleveland, OH
  • Excellent Section 8 rental market with strong demand

🏠 Property Details:

  • 4 bedrooms, 2 bathrooms
  • 1,589 sqft of living space
  • Needs cosmetic improvements: new paint, new carpet in some bedrooms, and finishing touches around the home

💰 Financials:

  • After Repair Value (ARV): $115,000
  • Great potential for rental income and long-term appreciation
  • Fair Market Rent - $1527 ( 4bed - Cleveland,OH)

🔑 Investment Potential:

  • Ideal for investors looking to tap into the Section 8 rental market
  • Opportunity to add value through cosmetic improvements
  • Strong rental demand ensures steady income potential

📈 Profit Potential:

  • Significant equity potential with an ARV of $115,000
  • Excellent cash flow potential in a thriving rental market
  • Perfect for fix-and-flip investors looking to turn a quick profit
  • Great deal for the BRRR (Buy, Rehab, Rent, Refinance, Repeat) strategy

CALL 845-238-4717 FOR MORE INFORMATION

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Teeshan Udayakumar (845 -238 - 4717)

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