$14,000
1416 East 84th St., Cleveland, OH 44103
Current Rent **
$1
Projected Rent **
N/A
Estimated Rent †
Estimated Rent Confidence ‡
High
Your NEXT Fix & Flip
Investment property for sale in Cleveland, OH located at 1416 East 84th Street.
This property is worth around $39,000. The value range is from $22,000 to $56,000.
Nice Two story brick and frame house plus attic and basement with room for expansion. Ideal for Owner occupy or Investor
1,676 sq ft, 4 Bedrooms, 1 bathroom, 3,366 sq ft lot. There is potential for a 5th bedroom in the attic and an additional living space of 792 sq ft in the basement.
WALK THRU FROM FRIDAY 08/09 - SUNDAY 08/11 @1pm.
Description:
The property was built in 1900, has been well maintained but now needs updating and repairs. The property has several nice period features like pleasant wooden moldings around doors and windows, nice panel doors and a beautiful wooden fireplace mantel.
The property has a living room, dining area, kitchen with pantry, 4 bedrooms and one bathroom.
The attic area has a high roof with a rear window and could easily convert into a fifth bedroom.
The basement is currently unimproved and can be rehabbed into additional space making it ideal for an additional bedroom, playroom or a study. There an old bar in the basement that can also be made like new again.
Outside and garden:
Outside, the property has a nice yard with some shade trees and at the front of house there are wide steps leading to a spacious front porch.
Excellent income potential:
4 bedroom houses in this area are renting for around $1,000/month
Location:
1416 East 84th St., Cleveland, OH 44103
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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.
** Current rent and projected rent are provided by the lister.
† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.
‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.
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