8110 Melrose Ave, Cleveland, OH, 44103
5beds
1baths
1,733sqft
$110,000
$63price/sqft
$1,077/moest. monthly cost
$43,080/yrincome needed
About This Home
Vacant 5-bedroom single-family investment opportunity with strong cash flow potential and immediate rental upside. With CMHA market rent at $1,900/month for a 5-bedroom, this property offers excellent income potential once stabilized. Property needs a new hot water tank and furnace, presenting a value-add opportunity for investors to build equity and maximize returns. Ideal for investors looking to renovate, lease, and hold a high-yield asset in a strong rental market.
Getting Around
51
Somewhat Walkable39
Some Transit50
BikeableSchools
4/10
9/10
5/10
Construction
Condition
- Property condition: Updated/Remodeled
- Year built: 1910
Materials
- Roof: Asphalt,Fiberglass
- Construction materials: Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subType: Single Family Residence
Interior
Basement
- Has basement: Yes
- Basement: Unfinished
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
Features
- Finished area below ground: 468
- Finished area above ground: 1,265
Heating & Cooling
- Heating features: Forced Air
- Cooling features: None
Interior Area
- Total structure area: 1,733
- Total interior livable area: 1,733 sqft
Property
Details
- Parcel number: 10621050
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
Lot
- Lot size: 2,678 sqft
Parking
- Parking features: On Street