This value-add investment opportunity in Cleveland offers strong potential for both Fix & Flip or BRRRR investors. With a potential resale value around $115,000, this property presents a solid opportunity for buyers seeking a sub-$50K acquisition with strong ARV support. Estimated market rent is around $1,300 per month, making it a viable option for investors planning a long-term rental after renovation and refinance. The property will require repairs, including missing wiring in some areas, a furnace replacement, several interior doors needing replacement, and a bathroom repair due to a hole in the tub surround and a drain issue. The kitchen cabinets are present and in good condition, and the overall structure is considered livable with repairs, providing a strong foundation for investors looking to add value and maximize returns.
Listed By
Agency Name: Berkshire Hathaway HomeServices Stouffer Realty
Agency Contact: dreid@stoufferrealty.com, 216-387-0757
Shown By
Agent Name: Ty Colucci
Agent Phone: (330) 316-3570
Agency Title: DeHOFF REALTORS
Estimated Payment
$ 337.35 per month $192.17 Principal & Interest $132.50 Property Tax $12.69 Homeowner's Insurance
7300 Claasen Avenue | MLS# 5194661
This single family home located at 7300 Claasen Avenue, Cleveland, OH 44105 is currently listed for sale with an asking price of $43,500. This property was built in 1900 and has 4 bedrooms and 1 full baths with 1349 sq. ft. Claasen Avenue is located in the Hickox subdivision within the Cleveland Municipal - 1809 school district. Search Hickox real estate on tcolucci.dehoff.com today.