Home for Sale at 12344 Ashbury Avenue in Cleveland, OH for $115,000

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12344 Ashbury Avenue | Cleveland

$115,000 | 3 Beds | 1 Baths (1 Full) | 1,120 Sq. Ft.

Attention investors! Positioned in a highly desirable Cleveland location near University Circle and Little Italy, this 3 bedroom, 1 bath Colonial offers investors an opportunity to add a solid rental property to their portfolio. The property features a functional layout with three bedrooms, providing strong appeal to long term tenants in an area supported by major institutions, employment centers, dining, shopping, entertainment and new development. Fresh paint and new floors throughout. A key investment advantage is the potential rental income. Based on current Section 8 rental guidelines, the property has potential monthly rental income of approximately $2,113 (20% ROI), providing an attractive opportunity for investors seeking strong rental demand and dependable cash flow. With its proximity to University Circle, Little Italy, hospitals, universities, museums, and other major Cleveland amenities, this property offers both location and income potential. Whether you\u2019re expanding an existing portfolio or looking for your next rental acquisition, this Colonial presents an opportunity to capitalize on a desirable rental market with significant tenant demand. Schedule your walkthrough today! MLSNow 5247264

Directions to property: From Euclid Ave, head east onto Lakeview Dr, property is on corner of Lakeview and Ashbury

MLS Listing ID: 
MLSNow 5247264
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Status (Local): 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$115,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Residential
Property Sub Type: 
Single Family Residence
Primary Market Area: 
Cleveland
Address: 
12344 Ashbury Avenue, Cleveland, OH 44106
County: 
Cuyahoga
Latitude: 
41.5177300
Longitude: 
-81.5989020
Directions: 
From Euclid Ave, head east onto Lakeview Dr, property is on corner of Lakeview and Ashbury
Public Remarks: 
Attention investors! Positioned in a highly desirable Cleveland location near University Circle and Little Italy, this 3 bedroom, 1 bath Colonial offers investors an opportunity to add a solid rental property to their portfolio. The property features a functional layout with three bedrooms, providing strong appeal to long term tenants in an area supported by major institutions, employment centers, dining, shopping, entertainment and new development. Fresh paint and new floors throughout. A key investment advantage is the potential rental income. Based on current Section 8 rental guidelines, the property has potential monthly rental income of approximately $2,113 (20% ROI), providing an attractive opportunity for investors seeking strong rental demand and dependable cash flow. With its proximity to University Circle, Little Italy, hospitals, universities, museums, and other major Cleveland amenities, this property offers both location and income potential. Whether you\u2019re expanding an existing portfolio or looking for your next rental acquisition, this Colonial presents an opportunity to capitalize on a desirable rental market with significant tenant demand. Schedule your walkthrough today!
Community Information
School District: 
Cleveland Municipal - 1809
Subdivision: 
Martin Dodge Sub
Building Details
Details about the building on a property.
Architectural Style: 
Colonial
Stories: 
2
Year Built: 
1900
Living Area: 
1,120
Basement: 
Full,Unfinished
Construction
Construction Materials: 
Vinyl Siding
Roof: 
Asphalt,Fiberglass
Room Details
Details about the rooms in the building.
Total Rooms: 
6
Total Bedrooms: 
3
Total Bathrooms: 
1
Total Full-Bathrooms: 
1
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Forced Air
Cooling System: 
None
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.06
Lot Size (Area): 
0.06
Lot Features
Parking Type: 
Driveway
Public Record
Parcel Number: 
120-14-020
Annual Tax: 
$579.00
Contract Details
Details about the listing contract.
Possession: 
Delivery Of Deed
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
Armani Adames
Listing Office Name: 
RE/MAX Above \u0026 Beyond

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