3584 E 133rd Street, Cleveland, OH 44120

Description

Massive 6-Bedroom Investment Opportunity in Mt. Pleasant! Calling all investors, rehabbers, and rental property entrepreneurs! This spacious 6-bedroom, 2-full-bathroom property offers an exciting opportunity to transform a full-renovation project into a high-performing rental asset.

Inside, you'll find beautiful original woodwork in the living and dining rooms, along with hardwood floors in portions of the home that may be candidates for refinishing and restoration. With the right vision, these classic details could become standout features in a thoughtfully renovated property.

Think beyond the traditional rental! With six bedrooms, this property presents an opportunity to explore a room-by-room rental strategy, potentially generating substantially more gross monthly income than leasing the entire home to a single long-term tenant. Investors could investigate individual room rentals, workforce housing, or a group-home model, subject to applicable zoning, occupancy, licensing, and safety requirements. Multiple income-producing rooms could help diversify rental income while maximizing the utility of this generously sized home.

A complete renovation is needed, so this property is best suited for an investor prepared to tackle the work and unlock its potential. Bring your contractor, run your numbers, and envision the possibilities. For the right investor, this could be an opportunity to create a distinctive, income-producing asset in Cleveland's Mt. Pleasant neighborhood!