Listed By
Agency Name: Keller Williams Greater Metropolitan
Agency Contact: CliffLouis@kw.com, 203-554-9020
Shown By
Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575
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Property Description
Don't miss your chance to own this beautifully updated two-family home with strong income potential and long-term upside. Perfect for investors or owner-occupants, this property has undergone substantial renovations, including updated bathrooms, updated flooring in some parts and significant improvements to the utilities?making it very close to move-in ready and low maintenance. Each unit offers comfortable living space, and with strong rental demand in the area, this is an ideal property to generate steady, reliable income. Whether you're looking to expand your portfolio or offset your mortgage with rental income, this is the one. Please note that the county records don't reflect accurately the demographic of the home. There are 2 bedrooms on the lower level with a bathroom and 1 bedroom in the upper unit. Bonus Value: The sale includes an additional lot next door, offering even more possibilities for expansion, development, or added outdoor space?an opportunity rarely found in this market. Note: no seller financing and no wholesales. Schedule your private showing today and see the potential for yourself!
Property Features
Property Type: Multi Unit - Multiple
Basement: Unfinished
Basement: Yes
Cooling: Window Unit(s)
Days on Market: 36
Garage: 3
Heating: Forced Air
Lot Size: 0.11 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $3,852 / year
Year Built: 1936
Feature Descriptions
Exterior: Vinyl Siding
Parcel#: 141-07-014
Parking: Driveway
Sewer: Public Sewer, Septic Tank
Water: Public
Local Schools
School District: Cleveland Municipal - 1809
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Estimated Payment
$ 863.92 per month $512.30 Principal & Interest $321.00 Property Tax $30.63 Homeowner's InsuranceChange Payment Information
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16016 S Lotus Drive | MLS# 5148496
This multi-family property located at 16016 S Lotus Drive, Cleveland, OH 44128 is currently listed for sale with an asking price of $105,000. S Lotus Drive is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.cutlerhomes.com today.