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Classic and Spacious
Welcome to 1268 E 145th, a classic single-family home nestled in the East Cleveland neighborhood of Cleveland, OH. Built in 1916, this residence features 3 bedrooms, 1 bathroom, and 1,968 square feet of living space on a 3,885 square-foot lot.
Neighborhood Benefits
The East Cleveland neighborhood offers a variety of amenities that enhance its appeal for tenants. Convenient shopping is available at Hayden Sam’s Deli, and the East Cleveland community garden provides a green space for relaxation and community engagement. Shaw Stadium hosts local events, while the Martin Luther King, Jr. Civic Center serves as a hub for community activities.
Investment Potential
1268 E 145th presents a compelling investment opportunity with an expected yearly income of 9.37%. Priced at $108,360.00 and featuring a $10,000 renovation budget, this property is well-positioned for significant returns. The renovation budget will be used for essential updates and improvements like landscaping, adding better fences, some inside paint work, and other little deferred maintenance items, increasing the home’s appeal and market value. Proximity to other properties such as 1866 Reyburn and 16007 Nelacrest allows for efficient resource sharing and streamlined management, optimizing overall investment performance and profitability.
With its blend of classic charm, spacious living, and strong potential return on investment, 1268 E 145th is an excellent choice for investors seeking a well-located property in Cleveland.
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