- 2 beds
- 1 bath
- – sqft
- 5,201 sqft lot
- 1941 build
- – on site
More homes
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!
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Last updated Jun 12, 2024
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MLS# 5033401 —
The Building
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Year Built:1941
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Year Built Source:PublicRecords
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Construction Materials:WoodSiding
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Architectural Style:CapeCod
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Levels:OneandOneHalf
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Roof:Asphalt,Fiberglass
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Basement:CrawlSpace
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Basement:false
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Foundation:Slab
Interior
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Rooms Total:4
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Fireplace:false
Room Dimensions
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Living Area Units:SquareFeet
Financial & Terms
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Buyer Financing:Conventional
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Possession:DeliveryOfDeed
Location
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Directions:From Ridge Road, turn Right onto Memphis Avenue. Travel 0.6 mi and turn Right onto W 56th Street. Destination is 250 ft on your Right.
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Latitude:41.439222
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Longitude:-81.725017
The Property
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Parcel Number:013-25-012
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Property Type:Residential
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Property Subtype:SingleFamilyResidence
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Property Subtype Additional:SingleFamilyResidence
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Property Condition:Fixer
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Lot Size Acres:0.1194
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Lot Size Area:0.1194
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Lot Size Units:Acres
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Lot Size Source:PublicRecords
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Fencing:Fenced,Full
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Waterfront:false
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (440) 724-5116
- Office phone:
- (440) 389-3883
Taxes
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Tax Year:2022
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Tax Legal Description:43 MEMPHISHTS 0272 ALL
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Tax Annual Amount:$2,148
Beds
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Bedrooms Total:2
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Main Level Bedrooms:2
Baths
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Total Baths:1
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Full Baths:1
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Main Level Baths:1
The Listing
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Listing Terms:Cash,Conventional
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Home Warranty:false
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Special Listing Conditions:Standard
Heating & Cooling
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Heating:ForcedAir
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Heating:true
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Cooling:None
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Cooling:false
Utilities
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Sewer:PublicSewer
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Water Source:Public
Schools
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Elementary School District:Cleveland Municipal - 1809
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Middle School District:Cleveland Municipal - 1809
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High School District:Cleveland Municipal - 1809
The Community
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Subdivision Name:Memphis Heights
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Pool Private:false
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Association:false
Parking
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Garage:true
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Attached Garage:false
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Garage Spaces:1.0
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Carport:false
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Parking Features:Garage,Paved
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 |
---|---|---|---|---|
6/6/24
Jun 6, 2024
|
Sold | MLS_NOW | $108,000 | -6.1% |
4/30/24
Apr 30, 2024
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Pending | MLS_NOW | $115,000 | |
4/24/24
Apr 24, 2024
|
Listed / Active | MLS_NOW | $115,000 | 389.4% (37.1% / YR) |