958 130Th StCleveland, OH 44108

Property Details for 958 130Th St

Property size (Sq ft)

1,001 SF

Property type

Investment properties

Property subtype

Multifamily properties

Description

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.

Location Insight

City

Cleveland

County

Cuyahoga

State

Ohio

Latitude

41.5315

Longitude

-81.5927

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