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Key Details
Sold Price $108,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Subdivision Memphis Heights
MLS Listing ID 5033401
Sold Date 06/06/24
Style Cape Cod
Bedrooms 2
Full Baths 1
Construction Status Fixer
HOA Y/N No
Year Built 1941
Annual Tax Amount $2,148
Tax Year 2022
Lot Size 5,201 Sqft
Acres 0.1194
Property Description
Welcome to 4308 W 56th Street—a diamond in the rough awaiting your vision and expertise! This fixer-upper Cape Cod presents a prime opportunity for owner-occupants or savvy investors seeking to maximize their returns. Boasting 3 bedrooms and 1 bath, this property holds immense potential, with an expected rent (once renovated) ranging between $1,300-$1,500 per month.
Situated in Cleveland, Ohio 44144, this home offers a strategic location and a promising future. With an After Repair Value (ARV) for this property is somewhere around $160,000 for similar properties in the area, the potential for substantial returns is evident.
While this property is in need of renovations in order to unleash its full potential, this property is a canvas awaiting your personal touch. Don't miss out on this opportunity to make a smart investment—schedule a viewing today and seize the chance to transform this fixer-upper into a lucrative asset!
Location
State OH
County Cuyahoga
Rooms
Basement Crawl Space
Main Level Bedrooms 2
Interior
Heating Forced Air
Cooling None
Fireplace No
Exterior
Garage Garage, Paved
Garage Spaces 1.0
Garage Description 1.0
Fence Fenced, Full
Waterfront No
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Parking Type Garage, Paved
Private Pool No
Building
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Cape Cod
Level or Stories One and One Half
Construction Status Fixer
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 013-25-012
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
Special Listing Condition Standard
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Bought with Salvatore Lupica • Century 21 DeAnna Realty
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