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7944 Lorain Avenue, Cleveland, OH 44102

$155,000
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New to the Market Status - Active
4BEDS 2 fullBATHS 2,548SQUARE FEET 5229096MLS# James M Hoyts AllotmentSUBDIVISION Cleveland Municipal - 1809SCHOOL

Home Value Estimate


Description

Opportunity on Lorain Ave! This large brick double offers over 2,500 square feet of living space with a current 4-bedroom, 2-bath configuration and plenty of room to add value. The upstairs unit is tenant occupied at $820/month, providing immediate income, while the first-floor unit was recently vacated and is nearly move-in ready with some TLC. The oversized footprint creates additional upside for an investor looking to improve rents and long-term value, with potential to reconfigure or add an additional bedroom. Similar multifamily properties in the area have sold above $200,000, making this an attractive opportunity for an investor looking...read more

Features

  • None
  • Forced Air
  • 2.0 Stories
  • $2,222 / year Taxes
  • Public
  • Built in 1905