Listed By
Agency Name: Source One Realty LLC
Agency Contact: 216-242-1400, david@sourceonerealty.com
Shown By
Agent Name: Leah Ackerman
Agent Phone: (614) 306-5050
Agency Title: Cutler Real Estate
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Property Description
1919 Holmden presents a strong opportunity for a BRRR investor or house hacker looking to capitalize on long-term upside. Located in the highly desirable South Tremont area, this property offers solid rental potential with estimated rents of $1,300$1,600 per unit. The upstairs unit features a 3-bedroom, 1-bath layout while the downstairs has potential for 4 bedrooms all with larger floor plans, making them highly desirable for tenants and supporting strong rentability. The neighborhood also supports short-term rental demand, creating additional income strategies for the right buyer. This is a larger project, but the value-add opportunity is significant for an investor who knows how to execute. After-repaired values in the area are trending in the mid to high $200s, supporting strong equity potential. Priced to sell and offered as-is, the owner will make no repairs. Ideal for someone looking to build equity and maximize returns in a prime Cleveland location.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished
Cooling: None
Heating: Forced Air
Lot Size: 0.10 Acres
Roof Type: Asphalt, Fiberglass
Stories: 3.0
Taxes: $2,177 / year
Year Built: 1890
Feature Descriptions
Exterior: Aluminum Siding
Parcel#: 008-11-052
Parking: On Street
Sewer: Public Sewer
Water: Public
Local Schools
School District: Cleveland Municipal - 1809
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Estimated Payment
$ 880.05 per month $660.72 Principal & Interest $181.42 Property Tax $37.91 Homeowner's InsuranceChange Payment Information
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1919 Holmden Avenue | MLS# 5203052
This multi-family property located at 1919 Holmden Avenue, Cleveland, OH 44109 is currently listed for sale with an asking price of $129,990. Holmden Avenue is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.leahackerman.com today.