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A Charming Home
4147 E 99th is a charming two-story house with masonry foundations and vinyl siding. This single-family residence from 1996 is located in the Union-Miles Park neighborhood on the Southeast side of Cleveland. The property enjoys 1,300 square feet of living space on a 3,880 square-foot lot and provides 3 bedrooms, 1.5 bathrooms, gas and forced air heating, and a detached garage. This estate is perfect for families and renters looking for accessible housing within easy reach of local parks, such as Miles Park, Dove Playground, and Earle B. Turner Recreation Center.
A Residential Community
Union-Miles Park is a predominantly residential neighborhood with deep industrial roots dating to 1856. Among its primary settlers were workers from the area’s manufacturers and processing plants. This prime location is only minutes away from amenities in nearby communities like Shaker Square, and a 10-minute drive from downtown Cleveland. Its most significant assets are the Miles Park Historic District, the Miles Park Library, the spacious green area of Calvary Cemetery, and the Nathan Hale School, recognized for its excellent approach to nutrition, physical activity, and wellness among students.
An Expanding Opportunity
With an expected annual income of 9.43% to token-holders and an acquisition price of $100,327.50, 4147 E 99th offers an excellent opportunity to invest in a rising neighborhood focused on renters. With a renovation budget of $10,000 to cover the little upgrades needed to keep it in optimal condition, this property is our latest addition in Union-Miles Park, where it joins 10008 Elizabeth, 4159 E 112th, 10905 Eliot, 11410 Avon, and 9904 Raymond. The closeness of these properties demonstrates our strategic effort to enhance returns by investing in an emerging area.
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