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About This Home

This 5-bedroom, 1-bathroom single family at 8110 Melrose Avenue in Cleveland, OH is listed for $110,000 ($63 per sqft). Built in 1910, the home offers 1,733 sqft of living space on a 0.06 acres lot.

Agent Description

Vacant 5-bedroom single-family investment opportunity with strong cash flow potential and immediate rental upside. With CMHA market rent at $1,900/month for a 5-bedroom, this property offers excellent income potential once stabilized. Property needs a new hot water tank and furnace, presenting a value-add opportunity for investors to build equity and maximize returns. Ideal for investors looking to renovate, lease, and hold a high-yield asset in a strong rental market.

Key Features

  • Built in 1910
  • 0.06 acre lot
  • 2 stories

Property Details

2 stories
1 full
1910

Monthly Cost Estimate

$588/mo

20% down · 6.5% · 30 years

Principal$80
Interest$477
Insurance$32

Estimates only. Actual payments may vary.

Location

8110 Melrose Avenue

Cleveland, OH 44103

Koch Heirs Allotment

Property Details

Construction

VinylSiding

Parking

On Street

Heating

Forced Air

Questions & Answers

This 5-bedroom, 1-bathroom single family at 8110 Melrose Avenue is listed at $110,000 ($63/sqft). The estimated monthly payment is $477 based on 20% down at 6.5% interest.

Key features include: Built in 1910, 0.06 acre lot, 2 stories.

This property is listed by Darren T Mancuso and can be reached at 2162259474 or darren@mancusohomes.com.

DM

Darren T Mancuso

Agent at EXP Realty, LLC.

(216) 225-9474

Listed by EXP Realty, LLC. · View on Broker Site

MLS# 5203774· Source: listhub· Updated 1 days ago

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8110 Melrose Avenue, Cleveland, OH 44103

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