11232 Continental AVE Save Request In-Person Tour Request Virtual Tour
Cleveland,OH 44104
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 1,728 sqft
Price per Sqft $53
Subdivision Boulevard Heights Companys
MLS Listing ID 5163054
Bedrooms 4
Full Baths 3
HOA Y/N No
Abv Grd Liv Area 1,728
Year Built 1916
Annual Tax Amount $1,223
Tax Year 2024
Contingent House Sale
Lot Size 3,606 Sqft
Acres 0.0828
Property Sub-Type Duplex
Stories Three Or More
Story Three Or More
Property Description
Fantastic investment opportunity in the heart of the appreciating 44104 zip code! This duplex presents a prime value-add play for any investor's portfolio. Each unit features a desirable 2-bedroom, 1-bathroom layout with a functional floor plan. The property requires some TLC and renovations to be rent-ready, but with solid bones and a clear path to improvement, it's the perfect canvas for a savvy buyer looking to capitalize on a property with immense potential. With minimal updates, this duplex is poised to generate significant cash flow.
Location is key, and this property is strategically situated just minutes from major employers like the Cleveland Clinic, University Hospitals, and the bustling University Circle area, ensuring a strong and consistent tenant pool. This area also offers a significant opportunity for Section 8 tenants, with local payment standards for a 2-bedroom unit at $1,128, promising reliable and competitive rental income. The neighborhood is experiencing a surge of revitalization, with new construction and renovation projects contributing to rising property values. This is a unique chance to invest in an area on a clear upward trajectory, securing a valuable asset with promising future appreciation.
Bring your investors and contractors to explore the incredible potential this property holds. This is an ideal opportunity for a buy-and-hold strategy in a high-demand rental market. Don't miss your chance to transform this diamond in the rough into a top-performing asset. Schedule your showing today
Location
State OH
County Cuyahoga
Rooms
Basement Unfinished
Interior
Heating Forced Air
Cooling None
Fireplace No
Exterior
Parking Features None
Water Access Desc Public
Roof Type Other,Slate
Private Pool No
Building
Story 3
Sewer Public Sewer
Water Public
Level or Stories Three Or More
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 128-24-065
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional