$49,000 Price Analysis    ♡   Cleveland, OH 44105 4 bed 1 bath unknown SqFt ($0/SqFt) 5,044SqFt lot. Built 1890 Listed 2024-02-07, Taxes $623 | Ⓧ USDA Ineligible due to location near Cleveland |
Attention Investors!
This vacant duplex in the up and coming Slavic Village neighborhood presents an excellent opportunity to generate rental income and build equity. The investment property, features 4 bedrooms and 2 bathrooms, with 1, 790s sq ft of living space spread across two units. Located on a quet street close to the famous Union Avenue, this property offers easy access to all that Cleveland has to offer. Recent revitalization efforts in Slavic Village have seen rising property values and increasing demand for rentals, making this an ideal investment for the savvy investor.
Both units are currently vacant, allowing you to customize them to your desired rental strategy. Currently the Cuyahoga Metropolitan Housing Authority is paying Section 8 rents as follows: $1, 329 first floor $1, 329 second floor $2, 658 TOTAL RENTS We estimate it will take 10k to get the property rent-able. Downstairs water damaged flooring can be removed and lay durable vinyl throughout. Paint the cabinets and it's about rent-ready. Upstairs needs quarter inch drywall installed on top of the damaged drywall and vinyl floors throughout. Don't miss out on this chance to own a piece of a growing neighborhood. Contact us today for more information and a private showing.
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Property MLS #5016127 from MLSNOW
Basement Description: Unfinished
Full Bathrooms: 1
Heating: Yes
Lot Size Acres: 0.1158
Lot Size Source: PublicRecords
Lot Size Square Feet: 5044
Calculated Total Monthly Association Fees: 0
High School District: Cleveland Municipal - 1809
Middle or Junior School District: Cleveland Municipal - 1809
Map directions Map directionsSource Listing Status: Active
County: Cuyahoga
Directions: 3515 E 80th St Cleveland, OH 44105 Just south off Union Ave. South Broadway
Tax Year: 2023
Source Property Type: ResidentialIncome
Source Neighborhood: Robert Pattons Allotment
Parcel Number: 133-06-063
Subdivision: Robert Pattons Allotment
Township: Cleveland
Property Subtype: Duplex
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $5,780 + $2,490 $8,270 | $623 |
| 2021 | $5,780 + $2,490 $8,270 | $617 |
| 2020 | $5,080 + $2,170 $7,250 | $626 |
| 2019 | $5,080 + $2,170 $7,250 | $578 |
| 2018 | $5,080 + $2,170 $7,250 | $577 |
| 2017 | $6,760 + $1,860 $8,620 | $710 |
| 2016 | $6,760 + $1,860 $8,620 | $705 |
| 2015 | $6,760 + $1,860 $8,620 | $704 |
| 2014 | $6,760 + $1,860 $8,620 | $703 |
| 2013 | $6,760 + $1,860 $8,620 | $695 |
| 2012 | $8,440 + $4,030 $12,470 | $674 |
| 2012 | $6,760 + $1,860 $8,620 | $674 |
| 2010 | $8,440 + $4,030 $12,470 | $748 |
| 2009 | $8,440 + $4,030 $12,470 | $742 |
| 2008 | $9,590 + $4,585 $14,175 | $803 |
| 2007 | $9,590 + $4,590 $14,180 | $777 |
$49,000
MLSNOW
Price Changed 2024-04-19
$54,000
MLSNOW
Price Changed 2024-03-15
$56,000
MLSNOW
Listed 2024-02-07
$59,000
MLSNOW
Construction Materials: Frame
Levels: Two
Living Area Units: SquareFeet
Property Age: 134
Roof: Asphalt
Levels or Stories: 2
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.