1136 E 112th ST Pending Save Request In-Person Tour Request Virtual Tour
Cleveland,OH 44108
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Duplex
Listing Status Pending
Purchase Type For Sale
Square Footage 1,818 sqft
Price per Sqft $16
Subdivision Knight Richardson & Moores Su
MLS Listing ID 5104097
Bedrooms 6
Full Baths 3
Year Built 1910
Annual Tax Amount $1,876
Tax Year 2024
Lot Size 3,711 Sqft
Property Sub-Type Duplex
Property Description
Investor Special! This Cleveland duplex is a prime opportunity for a fix and flip or BRRRR deal to add to your portfolio. Currently condemned by the City of Cleveland (see attached supplements for details), this property needs a full renovation and offers excellent cash-flow potential. The upstairs unit features 2 bedrooms and 1 bath with a finished attic that has an additional 2 bedrooms and 1 bath so could be a third unit or combined with the second floor to be a 4 bed 2 bath unit. The downstairs unit is a 2 bed 1 bath. Section 8 rents exceed $1,000 per unit for each 2 bedroom which comes out to about $36,000 per year in annual gross income! This opportunity is perfect for seasoned investors looking for a high-ROI project—don't miss out on this value-add opportunity! *Note - Auditor's website states that there are 4 bedrooms and 2 bathrooms but the owner states that there are 6 bedrooms and 3 bathrooms.
Location
State OH
County Cuyahoga
Interior
Heating Forced Air
Cooling None
Exterior
Parking Features Common,Driveway
Roof Type Asphalt,Shingle
Building
Sewer Public Sewer
Water Public
Schools
School District Cleveland Municipal - 1809
Others
Acceptable Financing Cash,Conventional,1031 Exchange,FHA,VA Loan
Listing Terms Cash,Conventional,1031 Exchange,FHA,VA Loan
Special Listing Condition Standard