BEDS5
BATHS3 full
MLS#5205091
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONCrosbys Allotment
SCHOOLCleveland Municipal - 1809
Property Description
Investor Special: Value-Add Multi-Family 716 E 160th St, Cleveland, OH 44110 Unlock massive equity and cash flow with this high-potential multi-family opportunity. Currently configured as a spacious duplex, the attic/third-floor layout offers a clear path to a legal triplex conversion, significantly increasing your potential Gross Operating Income. The Highlights Solid Foundation: Unlike many century homes in the area, this property boasts a straight, solid foundation?the most critical big ticket item for any renovation. Triplex Potential: The third level is primed for finishing, allowing for a 3rd unit or a massive owner's suite expansion for the upper unit. Rental Performance: Once renovated, market rents for updated units in this zip code (44110) command a premium, driven by proximity to Waterloo Arts District and Lake Erie. Blank Canvas: Full renovation required. This is your chance to install durable, modern finishes and bulletproof your investment for years to come. Location & Logistics Situated on a quiet residential street with easy access to I-90 and the Lakeshore corridor. This property is ideal for a BRRRR (Buy, Rehab, Rent, Refinance, Repeat) strategy or a portfolio-building flip.
Property Features
Property Type: Residential - Single Family
Basement: Yes
Cooling: None
Garage: 2
Heating: Gas, Hot Water, Steam
Home Style: Colonial
Lot Size: 0.13 Acres
Roof Type: Asphalt, Fiberglass
Stories: 3.0
Taxes: $1,200 / year
Year Built: 1920
Feature Descriptions
Exterior: Brick
Parcel#: 116-14-062
Parking: Detached, Garage
Sewer: Public Sewer
Water: Public
Local Schools
School District: Cleveland Municipal - 1809
Listed By / Shown By
Listed By
Agency Name: I Heart Real Estate, LLC.
Agency Contact: 800-259-7670, cstevens@iheartreal.estate
Shown By
Agency Title: Kremer Realty, Inc
Agency Phone: (330) 686-2400
Estimate Your Payment
Estimated Payment
$ 326.55 per month $200.30 Principal & Interest $100.00 Property Tax $26.25 Homeowner's Insurance
716 E 160th Street | MLS# 5205091
This single family home located at 716 E 160th Street , Cleveland, OH 44110 is currently listed for sale with an asking price of $89,999. This property was built in 1920 and has 5 bedrooms and 3 full baths. E 160th Street is located in the Crosbys Allotment subdivision within the Cleveland Municipal - 1809 school district. Search Crosbys Allotment real estate on www.kremerrealty.com today.