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Classic and Refreshed
Welcome to 677 E 118th, a single-family home situated in the Forest Hills neighborhood of Cleveland, OH. Originally built in 1900 and beautifully redone in 1962, this residence features 3 bedrooms, 1 bathroom, and 1,900 square feet of living space on a 4,042 square-foot lot. The solid masonry foundation ensures lasting stability, making this home a sound investment.
Neighborhood Benefits
The Forest Hills neighborhood offers a range of amenities that enhance its appeal for tenants. Residents can enjoy outdoor activities at James O’Neal Johnson Park and Robert Taylor Field, while Glenville High School provides educational opportunities. Local dining options like Open Pitt Bar-B-Que add to the neighborhood’s charm.
Investment Potential
677 E 118th presents a promising investment opportunity with an expected yearly income of 9.57%. Priced at $102,643.50 and featuring a $10,000 renovation budget, this property is poised for strong returns. The renovation budget will be used for updates and upgrades to both the interior and exterior, increasing the home’s appeal and market value. Proximity to other properties, such as 10717-10719 Bryant and 616 E 131st, supports our economy of scale strategy in Cleveland.
With its blend of classic charm, refreshed living spaces, and solid investment potential, 677 E 118th is an excellent choice for investors.
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