4308 W 56th Street
Cleveland, OH 44144
- 2 beds
- 1 bath
- – sqft
- 5,201 sqft lot
- 1941 build
- – on site
Welcome to 4308 W 56th Street—a diamond in the rough awaiting your vision and expertise! This fixer-upper Cape Cod presents a prime opportunity for owner-occupants or savvy investors seeking to maximize their returns. Boasting 3 bedrooms and 1 bath, this property holds immense potential, with an expected rent (once renovated) ranging between $1,300-$1,500 per month. Situated in Cleveland, Ohio 44144, this home offers a strategic location and a promising future. With an After Repair Value (ARV) for this property is somewhere around $160,000 for similar properties in the area, the potential for substantial returns is evident. While this property is in need of renovations in order to unleash its full potential, this property is a canvas awaiting your personal touch. Don't miss out on this opportunity to make a smart investment—schedule a viewing today and seize the chance to transform this fixer-upper into a lucrative asset!
Last checked:
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Last updated May 1, 2024
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MLS# 5033401 —
Monthly cost estimate
Asking price
$115,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$615
|
| Taxes | $179 |
| Insurance | $31 |
| Utilities | N/A |
| Total | $825/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/30/24
Apr 30, 2024
|
Pending | MLS_NOW | $115,000 | |
|
4/24/24
Apr 24, 2024
|
Listed / Active | MLS_NOW | $115,000 | 389.4% (37.1% / YR) |
|
10/26/13
Oct 26, 2013
|
MLS_NOW | $23,500 |
35% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $6k above asking price on average, but some went as high as $19k over asking price.