1012 E 72nd Street, Cleveland, OH 44103

Property Description

No wholesalers. No Seller financing. No low ball offers. This colonial is a compelling BRRRR investment opportunity with strong income potential and multiple rental strategies to consider! Offering over 2,000 sqft of living space, this vinyl-sided property gives investors the size, layout, and value-add potential needed to create a solid cash-flowing asset within a growing portfolio! Inside, the home features 4 bedrooms and 2 full bathrooms, along with a spacious living room, a functional kitchen, and an adjoining dining area that creates a comfortable and practical layout for future tenants. The property primarily needs cosmetic and rent-ready updates, giving an investor the opportunity to improve the home without taking on an extensive repositioning project. The market rent is approximately $1,600+ per month, with the possibility for additional upside. An additional advantage for investors is that the property is already lead certified, helping remove an important step from the rental preparation process. Location adds another layer of potential. The property offers convenient access to Downtown Cleveland, major highways, Lake Erie, and Cleveland’s lakefront, Cleveland Clinic-area hotels, University Circle and recreational destinations, putting employment centers, entertainment, outdoor recreation, fishing areas, and everyday conveniences within easy reach. Its accessibility may support a traditional long-term rental strategy while also giving investors the opportunity to evaluate alternative rental models where permitted. Full service property management available with dedicated departments for leasing, marketing, tenant communication. Plus rehab and construction services for remote investors! With strong rental potential, a spacious flayout, lead certification, and room to create additional value, this property offers the features investors look for in their next BRRRR or income-producing acquisition! Schedule our showing today!