1388 Penhurst Road, Cleveland, OH 44110

$80,000 Asking Price

2 beds
1 bath
1,872  sqft
Built in 1926

Welcome to 1388 Penhurst Road in Cleveland, OH! This 2-bedroom, 1-bath single-family Colonial offers a fantastic opportunity for investors or owner-occupants alike. If purchased as an investment, the property could rent for $750-$1,100 per month, providing a great return. The home has well-maintained mechanicals, though it needs some TLC after the previous tenants vacated. With a little effort, this property can be transformed into a cozy residence or a profitable rental. The unfinished basement offers plenty of usable space, and it even includes a half bathroom, adding extra potential for expansion. Located in a convenient area close to schools, shopping, and local amenities, this home is full of potential for the right buyer. Whether you're looking to invest or make it your own, 1388 Penhurst Road is a great opportunity. Schedule your tour today!

Features & Amenities

Interior

Basement:
Full,Unfinished
A/C:
false, None
Heating:
true, Forced Air
Fireplace:
Fireplaces: 0

Exterior

Style:
Colonial
Parking:
Driveway,No Garage,On Street

Construction

Roofing:
Asbestos Shingle
General:
Aluminum Siding, 2

Location

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

Lot

Zoning:
15 STC PK 0056 EP, 116-29-026
Fencing:
Partial

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
NOWDD

This listing courtesy of:
Real Estate Quest, Inc., Alex V Johnson

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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