11401 Methyl Avenue, Cleveland, OH 44120

$49,000
4
BD
2
BA
3,425
SqFt

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Sold Price
$49,000
List Price
$59,900
Status
CLOSED
Style
Colonial
MLS#
5076728
Year Built
1920
Closing Date
Mar 20, 2025
Bedrooms
4
Bathrooms
2
Living Area
3,425
Region
Cleveland
Township
Cleveland
Subdivision / Building
Crobaugh Allotment

Property Description

Two houses on one lot, and a 2 minute walk from Cleveland Clinic Children's Hospital ! This could be a prime investment opportunity for someone with some handyman skills or the right connections with a contractor. The front house is a 3 bed, one bath home with 1,324 sq ft of living space. There is also an additional room with a closet that is 6 feet by 10 feet, which could be used as a 4th bedroom or an office. 6 windows have been upgraded to vinyl. There is a full basement that has been waterproofed as well. Market rent for a house like this is around $1,200. The rear house is a 1 bed 1 bath house with 627 feet of living space. It also has a full basement that has been waterproofed. 2 windows have been upgraded to vinyl in the rear house. Market rent for a house like this is around $800-$900. These houses do require substantial rehab, but the rental returns once fixed up can provide an incredible cap rate/investment return for a long term hold!

Additional Information

Taxes
$1,400
Acres
0.10
Sewer
Public Sewer
Roof
Aluminum
Water
Public
Heating
Forced Air
Cooling
None
School District
Cleveland Municipal - 1809

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Listing Courtesy of: Ian Grame, iangrameREALTOR@gmail.com With Key Realty

Selling Office: Lokal Real Estate, LLC..

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