$450,000
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1520 E 108th Street Cleveland, OH 44106
Single Family
Residence
7
Beds
3
Baths
...
Bed/Bath
3,947
Sq. Ft.
Property Activity
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Student housing near Case Western Reserve University. Investors looking for the perfect property for student housing, look no further! This solid house with 7 bedrooms can easily be rented between $650-800 a room (plus cost of utilities), easily generating $54-65K annually. The basement could have ...additional bedrooms and bathroom. Valuable off-street parking with 2-car garage! Current owner pays $1300 annually for insurance and $800 for yard care. Tenants reimburse ALL utilities... keeping overhead costs low. And if you are looking for a stately home to refinish and make your own, this could be a stunning property! Additional features include a large covered porch, as well as a second floor sun deck. The garage has an unfinished upstairs that could be converted into a home office. Property is leased through 5.31.25 for $4300/month + all utilities. The flat roof needs to be repaired (2 sections and rear gutter = $5850 + $2100 for new railings) Seller is also selling 1504 E 107 (furnished student housing) + 2075 Coventry (triplex) + 2189 Rexwood (triplex).
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MLS#
5094353
Property Type
Single Family
Bedrooms
7
Bathrooms
2 Full/1 Half
Year Built
1930
Square Feet
3,947
sq. ft
Lot Size
0.21
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