4308 W 56th Street, Cleveland, OH 44144

$108,000
2
BD
1
BA

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Sold Price
$108,000
List Price
$115,000
Status
CLOSED
Days on Market
43
Closing Date
Jun 06, 2024
MLS#
5033401
Subtype
Residential
Style
Cape Cod
Year Built
1941
Bedrooms
2
Bathrooms
1
Full Baths
1
Acres
0.12
Subdivision
Memphis Heights
Neighborhood
Memphis Heights
MLS Area Major
Cleveland

Property Description

Welcome to 4308 W 56th Street—a diamond in the rough awaiting your vision and expertise! This fixer-upper Cape Cod presents a prime opportunity for owner-occupants or savvy investors seeking to maximize their returns. Boasting 3 bedrooms and 1 bath, this property holds immense potential, with an expected rent (once renovated) ranging between $1,300-$1,500 per month. Situated in Cleveland, Ohio 44144, this home offers a strategic location and a promising future. With an After Repair Value (ARV) for this property is somewhere around $160,000 for similar properties in the area, the potential for substantial returns is evident. While this property is in need of renovations in order to unleash its full potential, this property is a canvas awaiting your personal touch. Don't miss out on this opportunity to make a smart investment—schedule a viewing today and seize the chance to transform this fixer-upper into a lucrative asset!

Additional Information

Taxes
$2,148
Property Description
Cape Cod
Heating
Forced Air
Air Conditioning
None
Levels
OneandOneHalf
Roof
Asphalt, Fiberglass
Foundation
Slab
Parking Features
Garage, Paved
Garage Spaces
1
School District
Cleveland Municipal - 1809

Listing Courtesy of: Alex V Johnson, ajohnson_REQ@yahoo.com With Real Estate Quest, Inc.

Selling Office: Century 21 DeAnna Realty.

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