Property
Beds
4
Full Baths
2
1/2 Baths
None
Year Built
1910
Sq.Footage
N/A
Gordon Square, Detroit Shoreway, Ohio City & Tremont Developers, Investors, & Contractors opportunity knocks. This house is currently configured as a legal duplex with the downstairs unit vacant and the upstairs unit being rented on a month to month lease. The clear move is to blow out the walls and turn the downstairs unit into an open concept living space with a luxury eat in kitchen and turn the upstairs unit into an area for all of the bedrooms including a large master suite. The comps are there. The numbers all make sense. Buy for $94.9k, Spend $100k on renovations and then sell it for $275k. You could also continue running as a rental duplex. The upstairs is currently paying $675/mo. The down is rent ready & in it's current condition would be worth about $700-$750. You could also ad some higher end finishes and push those rents up in the $950/mo range. Professional property management available.
Features & Amenities
Interior
-
Total Bedrooms
4
-
Bathrooms
2
-
Basement YN
YES
-
Cooling YN
NO
-
Cooling
N/A
-
Heating YN
YES
-
Heating
Natural Gas, Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Vinyl Siding
-
Parking
Paved
-
Pool
No
Area & Lot
-
Property Type
Residential Income
-
Property Sub Type
Duplex
Price
-
Sales Price
$94,900
-
Tax Amount
323.0
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
Cleveland Municipal - 1809
-
Middle School
N/A
-
High School
N/A
Property Features
-
Sewer
Public Sewer
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Location
County
Cuyahoga
Elementary School
Cleveland Municipal - 1809
Middle School
High School
Listing Courtesy of James P Wise , The Holton-Wise Property Group
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