17105 Lotus DriveCleveland, OH 44128

17105 Lotus DriveCleveland, OH 44128

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$65,000 Pending
Residential - Single Family MLS 5190259 Pending
3 beds 1 full baths 1,380 sqft

Listed By

Agency Name: RE/MAX Haven Realty
Agency Contact: mike@theazzamgroup.com, 216-446-7606

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

This cape cop presents a prime BRRRR opportunity for investors ready to unlock strong long-term cash flow! The property has 3 bedrooms, 1 bathroom, along with a living room, eat-in kitchen, and a full basement for future value-add potential. With a full rehab, this property can be transformed into a desirable rental in a steady demand area of Cleveland. Once renovated and rent-ready, this home has the potential to deliver consistent monthly income and solid equity growth. Conveniently located in Cleveland area, near major roadways, public transportation, schools, shopping, and everyday amenities, the location supports strong rental demand and long-term appreciation potential. Professional management in place and willing to stay on with dedicated departments for leasing, marketing, tenant communication. Plus, rehab and construction services available to assist in streamlining the rehab process and getting this unit ready to cash-flow! This is the kind of deal that fits perfectly into a strategic BRRRR plan! Schedule your showing today!

17105 Lotus Drive | MLS# 5190259

This single family home located at 17105 Lotus Drive, Cleveland, OH 44128 is currently listed for sale with an asking price of $65,000. This property was built in 1948 and has 3 bedrooms and 1 full baths with 1380 sq. ft. Lotus Drive is located in the Cortland Heights subdivision within the Cleveland Municipal - 1809 school district. Search Cortland Heights real estate on 15ontariotrail.cutlerhomes.com today.

Property Features

Property Type: Residential - Single Family
Basement: Yes
Basement: Full, Partially Finished
Cooling: None
Days on Market: 4
Heating: Forced Air
Home Style: Cape Cod
Lot Size: 0.15 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $1,992 / year
Year Built: 1948

Feature Descriptions

Exterior: Frame
Parcel#: 141-18-011
Parking: Driveway
Sewer: Public Sewer
Water: Public

Local Schools

School District: Cleveland Municipal - 1809

Source: Delta Media Group, Inc.

Demographics

Cuyahoga County Demographic Information for 17105 Lotus Drive, Cleveland, OH 44128
Fips
Fips Code 39035
Population
2020 to 2023 Change down 2.5%
2010 Count 1,280,122
2020 Count 1,264,817
2023 Estimate (V2023) 1,233,088
2020 Estimate (V2023) 1,264,775
Age Distribution (Years Old)
0 to 4 5.3%
5 to 17 20.3%
18 to 64 54.8%
65 and Older 19.6%
Gender
Male 48.1%
Female 51.9%
Place of Birth
Foreign 7.6%
US 92.4%
Education
High School Graduate, Age 25+ 90.9%
Bachelor's Degree or Higher, Age 25+ 35.2%
Computer and Internet use
Households with a computer 92.0%
Households with a broadband Internet subscription 85.7%
Language
English is Second Language, Age 5+ 12.3%
English is First Language, Age 5+ 87.7%
Veterans
Veterans 60,427
Income
Per Capita Income $39,807
Median Household Income $60,074
People in Poverty 16.6%
Commute
Average Work Commute Time 24 minutes
Housing
Total Housing Units 615,116
Households 552,421
Average Household Size 2.23
Owner-Occupied 58.4%
Multi-Family 34.9%
Owner-Occupied Median Value $168,700
Median selected monthly owner costs -with a mortgage $1,472
Median selected monthly owner costs -without a mortgage $630
Median gross rent $952
Building Permits
New Private Housing Issued 2023 1,028
Years at Residence
1 Year or More 86.1%
Less Than 1 Year 13.9%
Business and Employment
Private non-farm Establishments 31,738
Private non-farm Employment 631,443
Private non-farm Employment Growth up 0.7%
Nonemployer Establishments 105,877
Number of Firms 114,192
Business Production
Value of Shipments $23,225,392,000
Wholesale Trade $24,854,217,000
Retail Trade $16,920,714,000
Retail Sales Per Capita $11,914
Accommodation and Food Services $3,332,698,000
Land
Land Area 457.19 sq. miles
Population Per Square Mile 2,800

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 502.09 per month $317.14 Principal & Interest $166.00 Property Tax $18.96 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Croos Country Mortgage