16311 Lotus DR Cleveland, OH 44128
UPDATED:
12/20/2024 05:12 PM
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,490 sqft
Price per Sqft $52
Subdivision Miles-Harvard Park 05
MLS Listing ID 5090823
Style Cape Cod
Bedrooms 4
Full Baths 1
Half Baths 1
HOA Y/N No
Abv Grd Liv Area 1,490
Year Built 1929
Annual Tax Amount $1,457
Tax Year 2023
Lot Size 4,560 Sqft
Acres 0.1047
Property Description
The property features a newer roof, providing a solid foundation for the required full cosmetic rehab. With ample interior space, this home offers the flexibility to transform it into a modern rental or resale-ready gem. The strong rental market, including robust Section 8 rates, ensures that this property can generate substantial cash flow once renovations are complete.
Located close to schools, shopping, and major highway access, this home is in an ideal location for convenience and connectivity. The surrounding area is seeing revitalization and new development, making this an excellent opportunity to invest in a neighborhood poised for continued growth. Don't miss your chance to capitalize on this promising investment!
Location
State OH
County Cuyahoga
Rooms
Basement Partially Finished
Main Level Bedrooms 2
Interior
Heating Forced Air
Cooling None
Fireplaces Number 1
Fireplace Yes
Exterior
Parking Features Detached, Garage
Garage Spaces 1.0
Garage Description 1.0
Water Access Desc Public
Roof Type Asphalt,Shingle
Private Pool No
Building
Sewer Public Sewer
Water Public
Architectural Style Cape Cod
Level or Stories Two
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 141-08-139
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional