For Sale
$74,000

958 130Th St Cleveland, OH 44108

Three vacant single-family homes, value-add opportunity.

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional investment opportunity presents three vacant, single-family homes located in Cleveland, Ohio, within Cuyahoga County, zip code 44108. The portfolio consists of three separate buildings, each offering three bedrooms and one bathroom. The properties are classified as Class C and present a significant value-add opportunity for investors. The total asking price for the entire portfolio is $74,000, with a price per unit of approximately $24,667. Each home has a potential rental income of $1,200 per month, and after repair value (ARV) estimates range from $110,000. Square footage varies slightly between 1,001 and 1,140 square feet. The properties are currently vacant, allowing for immediate renovation and rental income generation. The portfolio boasts a compelling 13% capitalization rate, making it an attractive investment for those seeking strong returns. Addresses include 958 E 130th St, 587 E 128th St, and 1103 E 112th St, all in Cleveland, OH. This is a unique chance to acquire a multi-family investment portfolio with substantial upside potential. The properties can be purchased individually.

Highlights

  • $74,000 asking price for a portfolio of three single-family homes.
  • Value-add investment opportunity with a 13% projected cap rate.
  • Three vacant units, each with three bedrooms and one bathroom.
  • Square footage ranges from 1,001 to 1,140 square feet.
  • Located in Cleveland, OH, in Cuyahoga County, zip code 44108.

Property Details for 958 130Th St

Property type
Residential income homes
Square Feet
1,001 SF
Class
C
Buildings
3
Units
3

Location Insight

City
Cleveland
County
Cuyahoga
State
Ohio
Latitude
41.53149425193
Longitude
-81.592653002637

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FAQs

What type of property is this?
Residential income home - Three vacant single-family homes, value-add opportunity.
Where is the residential income home located?
The property is located at 958 130Th St Cleveland, OH.
What is the asking price?
The asking price for this property is $74,000.
What are key features of this property?
This property features: $74,000 asking price for a portfolio of three single-family homes.; Value-add investment opportunity with a 13% projected cap rate.; Three vacant units, each with three bedrooms and one bathroom.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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Contacts

Chris Pap
Visit Broker Website

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130Th St
Cleveland, OH 44108

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130Th St
Cleveland, OH 44108

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

958 130Th St
  • Chris Pap
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