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$64,500
Active

Talbot Area Single Family Home

Active

4137 E 59 Th Street Cleveland, OH 44105

3 Bed
1 Baths
1747 sqft
MLS# 5116661
-Attention All Investors – Foreclosure Opportunity! Don’t miss this rare chance to scoop up a turnkey investment property that's vacant, easy to show, and ready for its next tenant with some cleaning! This solid 3-bedroom Cape Cod sits on a quiet, low-traffic street with a private backyard and has seen several updates over the past 6–7 years. With a little cleanup from the prior tenant that recently moved out, it’s rent-ready and offers strong income potential, with current market rents that are very affordable. Whether you're a seasoned investor or just getting started, this home is an excellent addition to your portfolio. The property features a full basement, a comfortable layout, and prior cosmetic and mechanical updates. It's in a transitioning area with rising values and rents, making it a smart long-term play. Investors have the option to self-manage or continue with professional property management already in place. Financing options available: Cash, hard money, or owner financing with 20% down (approx. 9% interest, 2-year balloon). Please note: No wholesalers. End-user buyers only. Photos show the home’s potential and updates—serious inquiries only. Proof of funds or pre-approval is required for all showings. Don’t wait—schedule your tour today and take advantage of this income-producing opportunity with immediate cash flow!
Listing Courtesy of YES MLS / Coldwell Banker Schmidt Realty / Christopher Frederick
$50,000
Contingent

Lorain Area Single Family Home

Contingent

1119 W 11th Street Lorain, OH 44052

3 Bed
1 Baths
2096 sqft
MLS# 5125574
Attention All Cash Investors! Here’s your chance to bring this spacious colonial back to life and restore its original charm. Aluminum-sided home features vinyl windows and a dimensional roof installed approximately eight years ago. Most of the first floor has already been professionally demoed to the studs, giving you a clean slate to reimagine the layout and finishes to your liking. Electricity is still on, and the layout includes a large living room with a decorative fireplace and a sizable kitchen that opens to a formal dining room with an added pantry cabinet—ideal for modern living. Second floor offers original hardwood flooring, intact bedrooms, and a mostly preserved full bathroom. A charming second-floor balcony adds character and outdoor appeal. Walk-up third floor has had some finishing work started and provides exciting potential for even more living space, making this home a fantastic option for large families or rental income. Full basement is solid and features large glass block windows that let in natural light—perfect for storage or future finishing. This property is ideal for a fix-and-flip, an owner-occupant renovation project, or a value-add rental investment. Located in a desirable area with strong rental demand, the potential here is significant. Cash sales only—no wholesalers, no owner financing, and sold strictly as-is. Serious inquiries only. Call today to schedule a showing and see the potential for yourself!
Listing Courtesy of YES MLS / Coldwell Banker Schmidt Realty / Christopher Frederick