$78,900
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16311 Lotus Drive Cleveland, OH 44128
Single Family
Residence
4
Beds
2
Baths
1,490
Sq. Ft.
0.1
Acre
Lot
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Discover the potential in this 4-bedroom, 1.5-bathroom single-family home, situated in a prime location near Shaker Heights, an area experiencing significant gentrification and appreciation. This property is a great value-add opportunity, offering multiple exit strategies for the savvy investor. Whe...ther you choose to rehab and rent or fix and flip, the possibilities are endless with this home. 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!
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MLS#
5090823
Property Type
Single Family
Bedrooms
4
Bathrooms
1 Full/1 Half
Year Built
1929
Square Feet
1,490
sq. ft
Lot Size
0.1
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