7107 Ivy Avenue, Cleveland, OH 44127

$20,000
  • 7107 Ivy Avenue, Cleveland, OH 44127 Main Photo
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Pending
BEDS2 BATHS1 full SQUARE FEET1,280 MLS#5247062
STATUSPending PROPERTY TYPEResidential - Single Family SUBDIVISIONMorgan SCHOOLCleveland Municipal - 1809

Property Description

This Cleveland colonial presents a strong BRRRR opportunity for investors looking for a full-rehab project with attractive rental potential. Featuring 2 bedrooms and 1 full bathroom, the home offers a traditional layout with a spacious living room, functional kitchen with adjoining dining space, and a full basement that provides additional storage and potential for future value-add improvements. The property features aluminum siding and an asphalt driveway but will require a complete renovation. A significant opening in the roof is present over the rear kitchen bump-out and will need to be addressed as part of the rehabilitation. For the right investor, this creates an opportunity to renovate the property from the ground up, improve its overall condition and functionality, and reposition it as an income-producing rental. Once renovated and rent-ready, the property has an estimated market rent of approximately $1,100 per month, offering solid potential for investors pursuing a buy, rehab, rent, refinance, and repeat strategy. Conveniently located in Cleveland with easy access to I-77 and I-490, the property offers connectivity to employment centers and surrounding neighborhoods. It is also just minutes from Select Specialty Hospital - Cleveland Fairhill, with access to major roads, public transportation, shopping, schools, parks, restaurants, and other everyday amenities. Full service property management available with dedicated departments for leasing, marketing, tenant communication. Plus rehab and construction services for remote investors! Bring your renovation plan and take advantage of the opportunity to transform this property into a refreshed, cash-flowing addition to your investment portfolio! No wholesalers. No Seller financing. No low ball offers.

7107 Ivy Avenue | MLS# 5247062

This single family home located at 7107 Ivy Avenue, Cleveland, OH 44127 is currently listed for sale with an asking price of $20,000. This property was built in 1900 and has 2 bedrooms and 1 full baths with 1280 sq. ft. Ivy Avenue is located in the Morgan subdivision within the Cleveland Municipal - 1809 school district. Search Morgan real estate on www.mcrealestateohio.com today.

Property Features

Property Type: Residential - Single Family
Basement: Yes
Basement: Full
Cooling: None
Heating: Forced Air
Home Style: Colonial
Lot Size: 0.08 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $1,139 / year
Year Built: 1900

Feature Descriptions

Days on Site: 9
Exterior: Aluminum Siding, Vinyl Siding
Laundry: In Basement
Parcel#: 125-35-075
Parking: Driveway
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

Agency Title: M.C. Real Estate
Agency Phone: (330) 723-9911

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Estimated Payment

$ 145.26 per month $44.51 Principal & Interest $94.92 Property Tax $5.83 Homeowner's Insurance

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