3515 E 80th Street, Cleveland, OH 44105

$37,000
4
BD
1
BA

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Sold Price
$37,000
List Price
$49,000
Status
CLOSED
Days on Market
180
Closing Date
Aug 05, 2024
MLS#
5016127
Subtype
Residential Income
Year Built
1890
Bedrooms
4
Bathrooms
1
Full Baths
1
Acres
0.12
Subdivision
Robert Pattons Allotment
Neighborhood
Robert Pattons Allotment
MLS Area Major
Cleveland

Property Description

Attention Investors! This vacant duplex in the up and coming Slavic Village neighborhood presents an excellent opportunity to generate rental income and build equity. The investment property, features 4 bedrooms and 2 bathrooms, with 1,790s sq ft of living space spread across two units. Located on a quiet street close to the famous Union Avenue, this property offers easy access to all that Cleveland has to offer. Recent revitalization efforts in Slavic Village have seen rising property values and increasing demand for rentals, making this an ideal investment for the savvy investor. Both units are currently vacant, allowing you to customize them to your desired rental strategy. Currently the Cuyahoga Metropolitan Housing Authority is paying Section 8 rents as follows: $1,329 first floor $1,329 second floor $2,658 TOTAL RENTS We estimate it will take 10k to get the property rent-able. Downstairs water damaged flooring can be removed and lay durable vinyl throughout. Paint the cabinets, and it's about rent-ready. Upstairs needs quarter inch drywall installed on top of the damaged drywall, and vinyl floors throughout. Don't miss out on this chance to own a piece of a growing neighborhood! Contact us today for more information and a private showing.

Additional Information

Taxes
$651
Heating
Forced Air, Gas
Air Conditioning
None
Stories
2
Levels
Two
Roof
Asphalt
Parking Features
On Street
School District
Cleveland Municipal - 1809

Listing Courtesy of: Marie Bowe, info@usrealty.com With USRealty.com LLP

Selling Office: Market First Real Estate Services.

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