The property Needs: New interior walls and ceiling, insulation, new floors for all house, new kitchen floor, new baths, electric panels, new wiring, new supply water lines in 2nd floor, needs a basement finished and small repair in walls in basement, exterior siding small repairs. Rehab Done to the property: New Complete roof March 2025-Asphalt Walls Gutted and cleared Insulation Supply lines in first floor 3 new woodstairs Cleared debris and backyard Property can receive up to 2 Residents for Assisted Living without License, the zooning allows the property be commercial and healthcare related like nursing homes. Rent for seniors is high 2x Section 8: Rent potential combination 2 Senior Residents lower unit-Dont need license upt to 2residents 1 Family in Second floor with attic finished as 3rd room ARV approve by lender in the 175 range Bugdet need it is around +/-47% of ARV Appraisal report available Budget Detailed /approved by lender for property rehab available
Listed By
Agency Name: ListWithFreedom.com Inc.
Agency Contact: 855-456-4945, cmedalie@listwithfreedom.com
Shown By
Agency Title: Mosholder Realty
Agency Phone: 330-633-5536
Estimated Payment
$ 305.35 per month $226.64 Principal & Interest $65.00 Property Tax $13.71 Homeowner's Insurance
7112 Duluth Avenue | MLS# 5206535
This multi-family property located at 7112 Duluth Avenue, Cleveland, OH 44103 is currently listed for sale with an asking price of $47,000. Duluth Avenue is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.mosholder.com today.