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14725 Elm Avenue, Cleveland, OH 44112

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For Sale

$69,500

4 beds • 2 baths • 3,048 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • $22.80
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Attention Investors! Affordable, easy value-add duplex opportunity where most of the major updates are already done - leaving just the furnace, hot water tank, POS and roof to complete the project. This is a simple investment with a quick turnaround that can instantly add equity and generate excellent returns. Located on a quiet, low-traffic street in a desirable, rental-friendly area with high rents, this property is ideal for owner-occupants (live in one unit and rent the other), multi-generational living, or cash-flow investment use. Be all in at approximately $100K with strong upside potential, higher appraisal value, and great cash flow potential with today's elevated rent rates. The duplex features a smart and comfortable layout, filled with natural light through updated windows, fresh paint, new custom-tiled baths, white kitchens and durable luxury vinyl plank flooring. Enjoy a low maintenance vinyl-sided exterior, partially fenced backyard, and relaxing front porch/raised balcony for added curb appeal. Each unit offers separate gas and electric utilities, updated electrical, a full basement for storage, and a walk-up third-floor attic offering expansion possibilities. Note: No wholesalers, no owner financing - serious inquiries only, please. Easy to show and priced to move!
MLS# 5169667

Courtesy Of Coldwell Banker Schmidt Realty

(440) 327-2123

Property Features

  • Age
    Over 50 Years Old
  • Heating System
    Forced Air
  • Lot Size
    0.11 Acres
  • Roof Type
    Asphalt
  • Rooms
    Laundry Room

Map and Directions

Directions to 14725 Elm Avenue, Cleveland, OH 44112

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(440) 449-9100
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Monthly Payment Breakdown

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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.