12902 Locke Avenue, Cleveland, OH 44108

$89,000
4
BD
2
BA

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Sold Price
$89,000
List Price
$99,999
Status
CLOSED
Days on Market
91
Closing Date
Apr 15, 2025
MLS#
5094362
Subtype
Residential Income
Year Built
1919
Bedrooms
4
Bathrooms
2
Full Baths
2
Acres
0.09
Subdivision
L M Southerns Forest Park
Neighborhood
L M Southerns Forest Park
MLS Area Major
Cleveland

Property Description

Remodeled Prime Investment Opportunity. Renovated Multi-Family Home in Cleveland consisting of two charming units with two bedrooms/one bath each unit. This is a great investment duplex opportunity allowing for maximized potential for rental income. Approximately $1,000/Unit = $2,000 in gross rent per month. Fully renovated bathrooms and kitchen, resurfaced/stained hardwood floors, new PEX water pipe installed in the entire house, refinished basement, new water gutter drain system installed. This multi-family home represents strong value in Cleveland's real estate and offers an affordable entry point for investors looking to secure a property with promising returns. Being minutes from the freeway with each unit fully renovated, the potential for immediate rental income is significant! The combination of strategic location, full renovations, and competitive pricing positions this property as a solid investment with potential for long term appreciation. Leverage the demand for quality rental properties in Cleveland. Benefit from the ongoing growth and revitalization efforts in the area for long-term value appreciation. The remodel process was taken with a lot of care and consideration of workmanship. but there were no permits, and this property is being sold "as is". Contact us now to discuss how this duplex can be a strong focal point of your successful real estate investment strategy.

Additional Information

Taxes
$1,301
Heating
Forced Air
Air Conditioning
None
Stories
2
Levels
Two
Roof
Shingle
Parking Features
Driveway
School District
Cleveland Municipal - 1809

Listing Courtesy of: Darrius Fry-Leath, leath52@parkviewrg.com With Parkview Realty Group Ltd

Selling Office: Red 1 Realty, LLC.

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