Property Description
The property Needs: New interior walls and ceiling, insulation, new floors for all house, new kitchen floor, new baths, electric panels, new wiring, new supply water lines in 2nd floor, needs a basement finished and small repair in walls in basement, exterior siding small repairs.
Rehab Done to the property:
New Complete roof March 2025-Asphalt
Walls Gutted and cleared
Insulation
Supply lines in first floor
3 new woodstairs
Cleared debris and backyard
Property can receive up to 2 Residents for Assisted Living without License, the zooning allows the property be commercial and healthcare related like nursing homes.
Rent for seniors is high 2x Section 8:
Rent potential combination
2 Senior Residents lower unit-Dont need license upt to 2residents
1 Family in Second floor with attic finished as 3rd room
ARV approve by lender in the 175 range
Bugdet need it is around +/-47% of ARV
Appraisal report available
Budget Detailed /approved by lender for property rehab available
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Days on Market: 2
Heating: Forced Air, Hot Water, Steam
Lot Size: 0.09 Acres
Roof Type: Composition
Stories: 1.0
Taxes: $780 / year
Year Built: 1910
Feature Descriptions
Exterior: Aluminum Siding
Parcel#: 106-03-091
Parking: None
Sewer: Public Sewer
Water: Public
Local Schools
School District: Cleveland Municipal - 1809
7112 Duluth Avenue | MLS# 5206535
This multi-family property located at 7112 Duluth Avenue, Cleveland, OH 44103 is currently listed for sale with an asking price of $47,000. Duluth Avenue is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.kaszycarealestate.com today.