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7612 Ottawa RD Cleveland, OH 44105
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Key Details
Sold Price $15,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,560 sqft
Price per Sqft $9
Subdivision Burke Werley & Wibsters
MLS Listing ID 5100855
Style Colonial
Bedrooms 3
Full Baths 1
Year Built 1900
Annual Tax Amount $922
Tax Year 2023
Lot Size 5,510 Sqft
Property Sub-Type Single Family Residence
Property Description
Incredible investment opportunity! This affordably priced property is perfect for investors looking to secure a high-cash-flow rental or a profitable flip. While the home requires a full renovation, the roof is in excellent condition, saving you on major upfront costs. With the right updates, this property has the potential to shine and generate steady income for years to come. Going the Section 8 route, you can expect rental income of $1,300 per month, making this a prime BRRRR candidate with strong returns at a low entry price. Whether you're a seasoned investor or just getting started, this is the perfect chance to build equity, maximize cash flow, and create long-term wealth. Deals like this don't last—act fast before it's gone! House is currently condemned.
Location
State OH
County Cuyahoga
Interior
Heating Forced Air
Cooling None
Exterior
Parking Features Detached, Garage
Garage Spaces 2.0
Garage Description 2.0
Roof Type Slate
Building
Sewer Public Sewer
Water Public
Schools
School District Cleveland Municipal - 1809
Others
Acceptable Financing Cash, Conventional, 1031 Exchange, FHA, VA Loan
Listing Terms Cash, Conventional, 1031 Exchange, FHA, VA Loan
Special Listing Condition Standard
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Bought with Britt Brown • Silvermetz Real Estate Corp.