7107 Ivy Avenue, Cleveland, OH 44127

$20,000
2
BD
1
BA
1,280
SqFt

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List Price
$20,000
Status
ACTIVE
Days on Market
6
MLS#
5247062
Subtype
Residential
Style
Colonial
Year Built
1900
Bedrooms
2
Bathrooms
1
Full Baths
1
Living Area
1,280
Acres
0.08
Subdivision
Morgan
Neighborhood
Morgan
MLS Area Major
Cleveland

Property Description

This Cleveland colonial presents a strong BRRRR opportunity for investors looking for a full-rehab project with attractive rental potential. Featuring 2 bedrooms and 1 full bathroom, the home offers a traditional layout with a spacious living room, functional kitchen with adjoining dining space, and a full basement that provides additional storage and potential for future value-add improvements. The property features aluminum siding and an asphalt driveway but will require a complete renovation. A significant opening in the roof is present over the rear kitchen bump-out and will need to be addressed as part of the rehabilitation. For the right investor, this creates an opportunity to renovate the property from the ground up, improve its overall condition and functionality, and reposition it as an income-producing rental. Once renovated and rent-ready, the property has an estimated market rent of approximately $1,100 per month, offering solid potential for investors pursuing a buy, rehab, rent, refinance, and repeat strategy. Conveniently located in Cleveland with easy access to I-77 and I-490, the property offers connectivity to employment centers and surrounding neighborhoods. It is also just minutes from Select Specialty Hospital – Cleveland Fairhill, with access to major roads, public transportation, shopping, schools, parks, restaurants, and other everyday amenities. Full service property management available with dedicated departments for leasing, marketing, tenant communication. Plus rehab and construction services for remote investors! Bring your renovation plan and take advantage of the opportunity to transform this property into a refreshed, cash-flowing addition to your investment portfolio! No wholesalers. No Seller financing. No low ball offers.

Additional Information

Taxes
$1,139
Property Description
Colonial
Heating
Forced Air
Air Conditioning
None
Stories
2
Levels
Two
Roof
Asphalt, Fiberglass
Parking Features
Driveway
School District
Cleveland Municipal - 1809

Listing Courtesy of: Michael Azzam, mike@theazzamgroup.com With RE/MAX Haven Realty

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