12518 Leeila Avenue, Cleveland, OH 44135

$65,000
2
BD
1
BA
768
SqFt

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List Price
$65,000
Status
ACTIVE
Days on Market
1
MLS#
5236195
Subtype
Residential
Style
Ranch
Year Built
1952
Bedrooms
2
Bathrooms
1
Full Baths
1
Living Area
768
Acres
0.10
Subdivision
Donald Land Co
Neighborhood
Donald Land Co
MLS Area Major
Cleveland

Property Description

12518 Leeila Ave presents an excellent value-add opportunity for investors looking for a BRRRR or renovation project with the potential to fully update the property and create a truly turnkey rental. This 2-bedroom, 1-bath home offers a spacious living room, functional kitchen with adjoining dining space, and a layout that provides a solid foundation for a complete interior renovation. The market rent around $1,600 per month The property is ready for a full remodel, giving the next owner the opportunity to select finishes and improvements from the ground up. Renovation needs include the kitchen, bathroom, flooring, interior paint, fixtures, mechanicals, siding repairs, and window replacement. The roof is younger and currently in good condition, helping reduce one major exterior improvement, while the property has also been freshly landscaped. Whether you’re looking to renovate and hold as a rental, pursue a BRRRR strategy, or add another value-add property to your portfolio, this home provides plenty of opportunity to build equity through improvements. Conveniently located in Cleveland with easy access to I-71, the property is near major roads, public transportation, shopping, schools, parks, restaurants, and other local amenities. Bring your renovation plans and take advantage of the potential this investment property has to offer. Professional management in place and willing to stay on. Full service management with dedicated departments for leasing, marketing, tenant communication. Plus rehab and construction services available for remote investors! No wholesalers. No Seller financing. No low ball offers.

Additional Information

Taxes
$2,455
Property Description
Ranch
Heating
Forced Air
Air Conditioning
None
Stories
1
Levels
One
Roof
Asphalt, Fiberglass
Parking Features
Driveway, Detached, Garage
Garage Spaces
2
School District
Cleveland Municipal - 1809

Listing Courtesy of: Michael Azzam, mike@theazzamgroup.com With RE/MAX Haven Realty

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