Cleveland, OH 44103
Asking Price
$59,900
Beds
6
Baths
2
Square Footage
2,408 sqft
Property Type
Multi-Family
Year Built
1980
About This Property
Rare Multifamily Rehab Opportunity with Huge Upside in Cleveland, OH!!
2 units | 3 bed, 1 bath each | Multifamily Property
This Cleveland multifamily deal is packed with value-add potential for investors looking for their next high-upside project. With a low entry point and strong ARV spread, this is an excellent opportunity for fix & flip investors or long-term buy-and-hold strategies.
Deal Breakdown:
ASKING PRICE: $59,900
ARV: $160K+
- Multifamily Property
- 2 Units – Each with 3 BR / 1 BA
- Sold As Is
- Needs Moderate Rehab
Property Highlights:
• Strong equity upside after renovation
• Great rental income potential with 2 separate units
• Ideal for investors looking to force appreciation
• Excellent value-add opportunity in Cleveland market
This is a high-upside multifamily opportunity you don’t want to miss!
Call/Text Jaime (216) 238-3863 for details
Deal Calculator
Estimated Net Profit
$14,256
ROI: 23.1%·Cash-on-Cash: 96.7%
Project Breakdown
- Sale Price (ARV)
- $83,860
- Purchase Price
- $59,900
- Rehab Budget
- $0
- Interest (12%, 4 mo)
- $1,917
- Points (2%)
- $958
- Closing Costs (3%)
- $1,797
- Selling Costs (6%)
- $5,032
- Total Cash Required
- $14,735
- Net Profit
- $14,256
Estimates only. Verify prices, rents, and repair scope with your own due diligence before making an offer.
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