13913 Svec AVE Active

Cleveland,OH 44120

$ 44900

3 Beds

1 Bath

0 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Subdivision Svec Allotment

MLS Listing ID 5067154

Style Colonial

Bedrooms 3

Full Baths 1

Year Built 1920

Annual Tax Amount $855

Tax Year 2021

Lot Size 5,919 Sqft

Property Description

Calling all new real estate investors! This is your chance to jump into the booming Cleveland market with an investment property that promises consistent returns. Located just minutes from the historic Shaker Square District and Cleveland Clinic, this property is ideally positioned in an area with high demand for affordable rental housing.

Here?s why this is a smart investment for you:

Guaranteed Monthly Cash Flow: With an estimated monthly rent of $1,800 backed by Section 8, you?re looking at a steady income stream. That?s $21,600 annually!

Affordable Investment: The total investment required is just $105,000, which makes it ideal for first-time investors looking to get a foothold in real estate without overextending their resources.

High Demand Location: Cleveland?s rental market is one of the most competitive in the U.S., and properties in this neighborhood are in high demand. By investing now, you capitalize on the city?s growth while securing a solid return.
Proven Rental Potential: With guaranteed Section 8 tenants and a property that?s ready for your contractor to bring to its full potential, this is the perfect BRRR (Buy, Rehab, Rent, Refinance, Repeat) opportunity.
This property offers a fantastic blend of low upfront costs and high income potential?whether you're looking to grow your portfolio or start building one.

This property is part of local community development initiative. The property as been cited for code violations and COMPLETE RENOVATION WITH PERMITS within 1 year of purchase is required.

Location

State OH

County Cuyahoga

Interior

Heating Forced Air

Cooling None

Exterior

Garage Detached,Garage

Garage Spaces 2.0

Garage Description 2.0

Waterfront No

Roof Type Asphalt

Building

Sewer Public Sewer

Water Public

Schools

School District Cleveland Municipal - 1809

Others

Special Listing Condition Standard

View More
Favorite Go Tour