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Image 1 - 1747 E 70th St, Cleveland, Ohio, 44103 - House for sale
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Home For Sale In Cleveland, Ohio
1747 E 70th St, Cleveland, Ohio, 44103

Home For Sale In Cleveland, Ohio

house for sale
Listed: 06/09/24

1747 E 70th St, Cleveland, Ohio, 44103

5 Bed:
2 Bath:
Save
Price
$ 88,000

About This House

Located near the Agora and Cleveland Clinic main campus, This property is ready for tenants of your choosing. Cash flow is strong with market rents at or above $1800/mo total. previously rented at $850 and $800. The upstairs unit is 2 stories with 4 bedrooms and 1 bath. The lower unit has private access to the basement which makes both units feel like a townhome style. Updates include new furnaces, new hot water tanks, new carpet, paint, trim and a new roof, making all your big capx items already completely. Current taxes are only $769/ year! Assuming 8% property management, 5% maintenance and $700/year in insurance, your estimated NET income is over $15k/year offering the buyer a 17% cap rate. If you're looking for cash flow- this is it. Seller also has another duplex for sale and Will offer package pricing! Showings after submitted offer with supporting pof only.

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Hough Housing & Living

Average sale prices for houses

2 bed
3 bed
4+ bed
Show as List Show as Graph
In June 2024, the asking price for 2 bed houses for sale in/near Hough, Cleveland, United States averaged $161,137, an increase of 22.6% from the previous month.
Median price trends for properties for sale in Hough, Cleveland, United States as of June 2024.

Household Income

Median household income: $29,953
Number of households: 173,025
The average household income in Cleveland, OH grew from $28,974 to $29,953 in the past year. This data is an estimate based upon 173,025 households in Cleveland, OH.
The chart below presents how household income is distributed in Cleveland, OH in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $800-$1,500
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Cleveland, OH compared to median property taxes around the country. The prevalent amount of property taxes in Cleveland, OH equals $800-$1,500 , which is less than the national average.