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8110 Melrose Avenue, Cleveland, OH 44103

$110,000
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New to the Market Status - Active
5BEDS 1 fullBATHS 1,733SQUARE FEET 5203774MLS# Koch Heirs AllotmentSUBDIVISION Cleveland Municipal - 1809SCHOOL

Home Value Estimate


Description

Vacant 5-bedroom single-family investment opportunity with strong cash flow potential and immediate rental upside. With CMHA market rent at $1,900/month for a 5-bedroom, this property offers excellent income potential once stabilized. Property needs a new hot water tank and furnace, presenting a value-add opportunity for investors to build equity and maximize returns. Ideal for investors looking to renovate, lease, and hold a high-yield asset in a strong rental market.

Features

  • None
  • Forced Air
  • 2.0 Stories
  • $562 / year Taxes
  • Public
  • Built in 1910