This $31,000 Disaster Could Rent for $1,400 a Month

This $31,000 Disaster Could Rent for $1,400 a Month

Real Estate Broker · Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH · Member since 2013 · 31k+ posts · 20k+ votes

This $31,000 Disaster Could Rent for $1,400 a Month

In this episode of The Investment Properties For Sale Show, we're taking you inside a $31,000 Cleveland disaster at 3532 E 117th Street that could generate approximately $1,400 per month in Section 8 rental income! This property has been absolutely DESTROYED, with missing mechanicals, stripped plumbing, and years of neglect. But where most people see a nightmare, experienced real estate investors see opportunity. With an estimated renovation budget starting around $40,000, comparable renovated properties in the neighborhood selling for over $100,000, and strong Section 8 rental potential, this could be an interesting BRRRR investment opportunity for the right buyer. We're showing you the FULL, UNEDITED property walkthrough so you can see exactly what you're getting into before making an offer. Whether you're investing locally in Cleveland or buying rental properties from out of state in markets like New York, California, or New Jersey, my team can help you purchase, renovate, finance, and manage investment properties. Interested in buying this property or learning more about Section 8 opportunities in Cleveland, Detroit, or Baltimore? Contact [email protected] and let's talk numbers!

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