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11401 Methyl AVE Cleveland, OH 44120
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Key Details
Sold Price $49,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 3,425 sqft
Price per Sqft $14
Subdivision Crobaugh Allotment
MLS Listing ID 5076728
Style Colonial
Bedrooms 4
Full Baths 2
Year Built 1920
Annual Tax Amount $1,400
Tax Year 2023
Lot Size 4,199 Sqft
Property Sub-Type Single Family Residence
Property Description
Two houses on one lot, and a 2 minute walk from Cleveland Clinic Children's Hospital ! This could be a prime investment opportunity for someone with some handyman skills or the right connections with a contractor. The front house is a 3 bed, one bath home with 1,324 sq ft of living space. There is also an additional room with a closet that is 6 feet by 10 feet, which could be used as a 4th bedroom or an office. 6 windows have been upgraded to vinyl. There is a full basement that has been waterproofed as well. Market rent for a house like this is around $1,200. The rear house is a 1 bed 1 bath house with 627 feet of living space. It also has a full basement that has been waterproofed. 2 windows have been upgraded to vinyl in the rear house. Market rent for a house like this is around $800-$900. These houses do require substantial rehab, but the rental returns once fixed up can provide an incredible cap rate/investment return for a long term hold!
Location
State OH
County Cuyahoga
Interior
Heating Forced Air
Cooling None
Exterior
Parking Features Driveway
Roof Type Aluminum
Building
Sewer Public Sewer
Water Public
Schools
School District Cleveland Municipal - 1809
Others
Special Listing Condition Standard
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Bought with Gabriel Newberry • Lokal Real Estate, LLC.