Home for Sale at 1012 E 72nd Street in Cleveland, OH for $69,900

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1012 E 72nd Street | Cleveland

$69,900 | 4 Beds | 2 Baths (2 Full) | 1,398 Sq. Ft.

No wholesalers. No Seller financing. No low ball offers.\r\n\r\nThis colonial is a compelling BRRRR investment opportunity with strong income potential and multiple rental strategies to consider! Offering over 2,000 sqft of living space, this vinyl-sided property gives investors the size, layout, and value-add potential needed to create a solid cash-flowing asset within a growing portfolio!\r\n\r\nInside, the home features 4 bedrooms and 2 full bathrooms, along with a spacious living room, a functional kitchen, and an adjoining dining area that creates a comfortable and practical layout for future tenants.\r\n\r\nThe property primarily needs cosmetic and rent-ready updates, giving an investor the opportunity to improve the home without taking on an extensive repositioning project. The market rent is approximately $1,600\u002B per month, with the possibility for additional upside. An additional advantage for investors is that the property is already lead certified, helping remove an important step from the rental preparation process.\r\n\r\nLocation adds another layer of potential. The property offers convenient access to Downtown Cleveland, major highways, Lake Erie, and Cleveland\u2019s lakefront, Cleveland Clinic-area hotels, University Circle and recreational destinations, putting employment centers, entertainment, outdoor recreation, fishing areas, and everyday conveniences within easy reach. Its accessibility may support a traditional long-term rental strategy while also giving investors the opportunity to evaluate alternative rental models where permitted.\r\n\r\nFull service property management available with dedicated departments for leasing, marketing, tenant communication. Plus rehab and construction services for remote investors!\r\n\r\nWith strong rental potential, a spacious flayout, lead certification, and room to create additional value, this property offers the features investors look for in their next BRRRR or income-producing acquisition! Schedule our showing today! MLSNow 5242565

Directions to property: Off St Clair Avenue, between E 70th Street and E 74th Street

MLS Listing ID: 
MLSNow 5242565
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Status (Local): 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$69,900
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Residential
Property Sub Type: 
Single Family Residence
Primary Market Area: 
Cleveland
Address: 
1012 E 72nd Street, Cleveland, OH 44103
County: 
Cuyahoga
Latitude: 
41.5274140
Longitude: 
-81.6388090
Directions: 
Off St Clair Avenue, between E 70th Street and E 74th Street
Public Remarks: 
No wholesalers. No Seller financing. No low ball offers.\r\n\r\nThis colonial is a compelling BRRRR investment opportunity with strong income potential and multiple rental strategies to consider! Offering over 2,000 sqft of living space, this vinyl-sided property gives investors the size, layout, and value-add potential needed to create a solid cash-flowing asset within a growing portfolio!\r\n\r\nInside, the home features 4 bedrooms and 2 full bathrooms, along with a spacious living room, a functional kitchen, and an adjoining dining area that creates a comfortable and practical layout for future tenants.\r\n\r\nThe property primarily needs cosmetic and rent-ready updates, giving an investor the opportunity to improve the home without taking on an extensive repositioning project. The market rent is approximately $1,600\u002B per month, with the possibility for additional upside. An additional advantage for investors is that the property is already lead certified, helping remove an important step from the rental preparation process.\r\n\r\nLocation adds another layer of potential. The property offers convenient access to Downtown Cleveland, major highways, Lake Erie, and Cleveland\u2019s lakefront, Cleveland Clinic-area hotels, University Circle and recreational destinations, putting employment centers, entertainment, outdoor recreation, fishing areas, and everyday conveniences within easy reach. Its accessibility may support a traditional long-term rental strategy while also giving investors the opportunity to evaluate alternative rental models where permitted.\r\n\r\nFull service property management available with dedicated departments for leasing, marketing, tenant communication. Plus rehab and construction services for remote investors!\r\n\r\nWith strong rental potential, a spacious flayout, lead certification, and room to create additional value, this property offers the features investors look for in their next BRRRR or income-producing acquisition! Schedule our showing today!
Community Information
School District: 
Cleveland Municipal - 1809
Subdivision: 
M \u0026 M Halles Resub
Building Details
Details about the building on a property.
Architectural Style: 
Colonial
Stories: 
2
Year Built: 
1910
Living Area: 
1,398
Basement: 
Full
Construction
Construction Materials: 
Aluminum Siding,Vinyl Siding
Roof: 
Asphalt,Fiberglass,Shingle
Room Details
Details about the rooms in the building.
Total Rooms: 
8
Total Bedrooms: 
4
Total Bathrooms: 
2
Total Full-Bathrooms: 
2
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Forced Air
Cooling System: 
None
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.06
Lot Size (Area): 
0.06
Lot Features
Parking Type: 
Driveway,Detached,Garage
Public Record
Parcel Number: 
105-27-072
Annual Tax: 
$971.96
Contract Details
Details about the listing contract.
Possession: 
Delivery Of Deed
Disclosures: 
Principal is Real Estate Licensed
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
Michael Azzam
Listing Office Name: 
RE/MAX Haven Realty

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