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$149,500
3 Beds ⋅ 2 Baths ⋅ 5239506 MLS
Adorable, Old Brooklyn Cape Cod with freshly painted interior, neutral colors, LVP flooring on first floor, high energy efficient double thermal pane windows, window coverings and plenty of space on a corner lot! The kitchen features abundant cabinets, ample counter space, frost-free refrigerator, and a premium gas stove. There are 2 full baths—one on the main floor with a walk-in shower, and one on the second floor with a tub/shower. All bedrooms have fresh paint and newer window treatments. The basement is not a full foot print of the house, but there is room for storage. The Laundry Room features wall cabinets, plenty of storage space, utility tub and window for ample sunshine and fresh air. Close to schools, shopping, recreation, parks, restaurants, coffee shops, public transportation, medical communities, and highways. Concrete driveway in place; buyer can add garage, carport or shed, to driveway. Furnace is set up for central air, old AC condenser removed, seller will provide credit for new AC condenser or install new prior to closing. Must see to appreciate. Move-in ready!

2918 Tampa Avenue, Cleveland

Listing Courtesy of: Martin A Davidson, mdavidson0823@gmail.com With Informed Realty Services, Inc.
$225,000
5235469 MLS
Value-add mixed-use opportunity offered at just $225,000 with an estimated stabilized value of approximately $360,000. This fully vacant property features four income-producing spaces, including a 4-bedroom apartment, 2-bedroom apartment, storefront, and warehouse/storage space, estimated at $3900/mo total. Beyond rental income, the property’s utility configuration presents an opportunity to implement a RUBS reimbursement program, potentially shifting all utility costs back to tenants. This creates another avenue to improve NOI without significant capital investment. Major systems anre in great shape including a newer roof (-10yr) , vinyl windows, hot water tanks (-5yr) , and a newer Trane furnace, allowing buyers to focus on stabilization rather than major mechanical replacements. The asking price projects a 12.07% cap rate or a $350,000 ARV at an 8% cap rate. Located in Cleveland’s growing Old Brooklyn neighborhood, the property benefits from strong rental demand, ongoing redevelopment along the Pearl Road corridor, and close proximity to MetroHealth Medical Center, Downtown Cleveland, I-71, I-480, Cleveland Metroparks Zoo, and the Towpath Trail. Renovated apartments in the area continue to command premium rents, making this an excellent opportunity to create equity while generating strong cash flow. Schedule your private showing today.

4439 State Road, Cleveland

Listing Courtesy of: Erin Thomas, Erinthomas@kwcommercial.com With Keller Williams Living

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