This Cleveland colonial presents a strong BRRRR opportunity for investors looking for a full-rehab project with attractive rental potential. Featuring 2 bedrooms and 1 full bathroom, the home offers a traditional layout with a spacious living room, functional kitchen with adjoining dining space, and a full basement that provides additional storage and potential for future value-add improvements. The property features aluminum siding and an asphalt driveway but will require a complete renovation. A significant opening in the roof is present over the rear kitchen bump-out and will need to be addressed as part of the rehabilitation. For the right investor, this creates an opportunity to renovate the property from the ground up, improve its overall condition and functionality, and reposition it as an income-producing rental. Once renovated and rent-ready, the property has an estimated market rent of approximately $1,100 per month, offering solid potential for investors pursuing a buy, rehab, rent, refinance, and repeat strategy. Conveniently located in Cleveland with easy access to I-77 and I-490, the property offers connectivity to employment centers and surrounding neighborhoods. It is also just minutes from Select Specialty Hospital – Cleveland Fairhill, with access to major roads, public transportation, shopping, schools, parks, restaurants, and other everyday amenities. Full service property management available with dedicated departments for leasing, marketing, tenant communication. Plus rehab and construction services for remote investors! Bring your renovation plan and take advantage of the opportunity to transform this property into a refreshed, cash-flowing addition to your investment portfolio! No wholesalers. No Seller financing. No low ball offers.
Based on the average sale price from the Youngstown, OH office
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
7107 Ivy Avenue Cleveland, OH is a Single Family Home for sale at $20000 with 1280 sqft and a lot size of 0.0844 Acres Acre(s). 7107 Ivy Avenue Cleveland has 2 bedrooms, 1 baths and was built in 1900. The property's zip code is 44127 which is in Cleveland, OH
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.