716 E 160th Street , Cleveland, OH 44110 - $89,999

Comments for 716 E 160th Street , Cleveland, OH 44110

Investor Special: Value-Add Multi-Family 716 E 160th St, Cleveland, OH 44110 Unlock massive equity and cash flow with this high-potential multi-family opportunity. Currently configured as a spacious duplex, the attic/third-floor layout offers a clear path to a legal triplex conversion, significantly increasing your potential Gross Operating Income. The Highlights Solid Foundation: Unlike many century homes in the area, this property boasts a straight, solid foundation?the most critical big ticket item for any renovation. Triplex Potential: The third level is primed for finishing, allowing for a 3rd unit or a massive owner's suite expansion for the upper unit. Rental Performance: Once renovated, market rents for updated units in this zip code (44110) command a premium, driven by proximity to Waterloo Arts District and Lake Erie. Blank Canvas: Full renovation required. This is your chance to install durable, modern finishes and bulletproof your investment for years to come. Location & Logistics Situated on a quiet residential street with easy access to I-90 and the Lakeshore corridor. This property is ideal for a BRRRR (Buy, Rehab, Rent, Refinance, Repeat) strategy or a portfolio-building flip.