1012 E 72nd ST Cleveland, OH 44103
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,398 sqft
Price per Sqft $50
Subdivision M & M Halles Resub
MLS Listing ID 5242565
Style Colonial
Bedrooms 4
Full Baths 2
HOA Y/N No
Abv Grd Liv Area 1,398
Total Fin. Sqft 1398
Year Built 1910
Annual Tax Amount $971
Tax Year 2025
Lot Size 2,700 Sqft
Acres 0.062
Property Sub-Type Single Family Residence
Property Description
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!
Location
State OH
County Cuyahoga
Rooms
Basement Full
Main Level Bedrooms 1
Interior
Heating Forced Air
Cooling None
Fireplace No
Laundry In Basement
Exterior
Parking Features Driveway, Detached, Garage
Garage Spaces 1.0
Garage Description 1.0
Water Access Desc Public
Roof Type Asphalt,Fiberglass,Shingle
Garage true
Private Pool No
Building
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Architectural Style Colonial
Level or Stories Two
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 105-27-072
Acceptable Financing Cash
Listing Terms Cash
NEARBY SCHOOL & BUSINESS
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