Fantastic investment opportunity in the heart of the appreciating 44104 zip code! This duplex presents a prime value-add play for any investor's portfolio. Each unit features a desirable 2-bedroom, 1-bathroom layout with a functional floor plan. The property requires some TLC and renovations to be rent-ready, but with solid bones and a clear path to improvement, it's the perfect canvas for a savvy buyer looking to capitalize on a property with immense potential. With minimal updates, this duplex is poised to generate significant cash flow. Location is key, and this property is strategically situated just minutes from major employers like the Cleveland Clinic, University Hospitals, and the bustling University Circle area, ensuring a strong and consistent tenant pool. This area also offers a significant opportunity for Section 8 tenants, with local payment standards for a 2-bedroom unit at $1,128, promising reliable and competitive rental income. The neighborhood is experiencing a surge of revitalization, with new construction and renovation projects contributing to rising property values. This is a unique chance to invest in an area on a clear upward trajectory, securing a valuable asset with promising future appreciation. Bring your investors and contractors to explore the incredible potential this property holds. This is an ideal opportunity for a buy-and-hold strategy in a high-demand rental market. Don't miss your chance to transform this diamond in the rough into a top-performing asset. Schedule your showing today
Listed By
Agency Name: Keller Williams Living
Agency Contact: Journey@journeyhomegroup.net, 440-935-9793
Shown By
Agency Title: Progressive Urban Real Estate
Agency Phone: (216) 619-9696
Estimated Payment
$ 333.25 per month $204.53 Principal & Interest $101.92 Property Tax $26.80 Homeowner's Insurance
11232 Continental Avenue | MLS# 5163054
This multi-family property located at 11232 Continental Avenue, Cleveland, OH 44104 is currently listed for sale with an asking price of $91,900. Continental Avenue is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.progressiveurban.com today.