1012 E 72nd Street, Cleveland, OH 44103

$69,900
  • 1012 E 72nd Street, Cleveland, OH 44103 Main Photo
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BEDS4 BATHS2 full SQUARE FEET1,398 MLS#5242565
STATUSPending PROPERTY TYPEResidential - Single Family SUBDIVISIONM & M Halles Resub SCHOOLCleveland Municipal - 1809

Property Description

No wholesalers. No Seller financing. No low ball offers. This 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! Inside, 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. The 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+ 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. Location adds another layer of potential. The property offers convenient access to Downtown Cleveland, major highways, Lake Erie, and Cleveland's 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. Full service property management available with dedicated departments for leasing, marketing, tenant communication. Plus rehab and construction services for remote investors! With 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!

1012 E 72nd Street | MLS# 5242565

This single family home located at 1012 E 72nd Street, Cleveland, OH 44103 is currently listed for sale with an asking price of $69,900. This property was built in 1910 and has 4 bedrooms and 2 full baths with 1398 sq. ft. E 72nd Street is located in the M & M Halles Resub subdivision within the Cleveland Municipal - 1809 school district. Search M & M Halles Resub real estate on robertjohnson.ikeyrealty.com today.

Property Features

Property Type: Residential - Single Family
Basement: Yes
Basement: Full
Cooling: None
Garage: 1
Heating: Forced Air
Home Style: Colonial
Lot Size: 0.06 Acres
Roof Type: Asphalt, Fiberglass, Shingle
Stories: 2.0
Taxes: $971 / year
Year Built: 1910

Feature Descriptions

Days on Site: 30
Exterior: Aluminum Siding, Vinyl Siding
Laundry: In Basement
Parcel#: 105-27-072
Parking: Driveway, Detached, Garage
Sewer: Public Sewer
Water: Public

Local Schools

School District: Cleveland Municipal - 1809

Listed By / Shown By

Listed By

Agency Name: RE/MAX Haven Realty
Agency Contact: mike@theazzamgroup.com, 216-446-7606

Shown By

Agent Name: Bob Johnson
Agent Phone: (419) 350-2333
Agency Title: Key Realty

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Estimated Payment

$ 492.30 per month $391.00 Principal & Interest $80.92 Property Tax $20.39 Homeowner's Insurance

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