7516 Cornelia Ave, Cleveland, OH 44103
- $37,500
- 4
- BD
- 1
- BA
- Sold Price
- $37,500
- List Price
- $37,500
- Status
- CLOSED
- Days on Market
- 22
- Closing Date
- Mar 13, 2026
- MLS#
- 5187504
- Subtype
- Residential
- Style
- Colonial
- Year Built
- 1910
- Bedrooms
- 4
- Bathrooms
- 1
- Full Baths
- 1
- Acres
- 0.09
- MLS Area Major
- Cleveland
Property Description
Investor Special! This value-add opportunity is perfect for savvy buyers looking to maximize returns. The property has experienced water damage due to a broken pipe and will require a full renovation, making it ideal for investors seeking a complete rehab project with strong upside potential. With repairs and updates, the pro forma rental income is projected at $1,250-$1,350 per month, offering attractive cash flow potential in today’s rental market. Bring your contractor and vision - this is a prime chance to transform a distressed property into a high-performing income-producing asset. Sold as-is.
Additional Information
- Taxes
- $1,023
- Property Description
- Colonial
- Heating
- Forced Air
- Air Conditioning
- Window Unit(s)
- Stories
- 2
- Levels
- Two
- Roof
- Asphalt, Fiberglass
- Parking Features
- Paved
- School District
- Cleveland Municipal - 1809
Listing Courtesy of: Tal Tamir, tal@premierclevelandinvesting.com With Russell Real Estate Services
Selling Office: IIP Management, LLC..Mortgage Calculator
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