7619 Redell Avenue, Cleveland, OH 44103

$100,000 Asking Price

4 beds

2 baths

Built in 1910

Section 8 occupied with long term tenant. Instant cash flow of $1,450/per month. Lease expiration is 2/2/2025. Recently passed section 8 inspection. Brand new hot water tank (March 2024). Don't miss this great investment opportunity.

Listing Status:: Active
Date Added:: April 2, 2024 — 41 days ago
Listing Office:: McDowell Homes Real Estate Services, Clorice L Dlugos (440-812-2542)
Office Phone:: 440-205-2000
MLS ID:: 5027837

Features & Amenities

Interior

Basement:: Other
A/C:: Other
Heating:: true, Gas
Fireplace:: Fireplaces: 0

Exterior

Style:: Colonial
Parking:: Driveway

Construction

Roofing:: Shingle
General:: Vinyl Siding, 2

Location

Originating MLS:: NOWDD
School District:: Cleveland Municipal - 1809
County:: Cuyahoga

Lot

Zoning:: 345 HECKER W PART 0062, 106-05-042

Utilities

Water:: Public
Sewer:: Public Sewer

Financial

Source:: NOWDD
Buyers Agent Compensation:: 3/2
NA Compensation:: 3% on first $100k, 2% remainder

This listing courtesy of:
McDowell Homes Real Estate Services, Clorice L Dlugos

About Cleveland, OH

Housing

Number of Units: 365,687
Median Home Value: $126,282
Median Rent: $704

49.39% of housing units are renter occupied.

12.38% are vacant.

Commute

Car: 68.75%
Public Transportation: 4.98%
Walk to Work: 2.83%
Work from Home: 22.21%
Other: 0.84%

The median travel time to work is 21 minutes.

People

Population: 727,091
Median Age: 39.60
Median Household Size: 2.36

Education

High School: 29.70%
Associate’s Degree: 8.33%
Bachelor’s Degree: 16.22%
Graduate Degree: 11.86%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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7619 Redell Avenue, Cleveland, OH 44103

$100,000 Asking Price