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$78,900
1 Day On Site

16311 Lotus Drive
Cleveland, OH 44128

For Sale|Single Family Residence|Active
4
Beds
1
Full Bath
1
Partial Bath
1,490
SqFt
$53
/SqFt
1929
Built
Subdivision:
Miles-Harvard Park 05
County:
Cuyahoga
Call Now: 440-617-2500
Is this the home for you? We can help make it yours.
440-617-2500
16311 Lotus Drive16311 Lotus Drive16311 Lotus Drive16311 Lotus Drive
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Discover the potential in this 4-bedroom, 1.5-bathroom single-family home, situated in a prime location near Shaker Heights, an area experiencing significant gentrification and appreciation. This property is a great value-add opportunity, offering multiple exit strategies for the savvy investor. Whether you choose to rehab and rent or fix and flip, the possibilities are endless with this home. The property features a newer roof, providing a solid foundation for the required full cosmetic rehab. With ample interior space, this home offers the flexibility to transform it into a modern rental or resale-ready gem. The strong rental market, including robust Section 8 rates, ensures that this property can generate substantial cash flow once renovations are complete. Located close to schools, shopping, and major highway access, this home is in an ideal location for convenience and connectivity. The surrounding area is seeing revitalization and new development, making this an excellent opportunity to invest in a neighborhood poised for continued growth. Don’t miss your chance to capitalize on this promising investment!

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Listing Snapshot
Price 
$78,900
Days On Site 
1 Day
Bedrooms 
4
Inside Area (SqFt) 
1,490 sqft
Total Baths 
2
Full Baths 
1
Partial Baths 
1
Lot Size 
0.1047 Acres
Year Built 
1929
MLS® Number 
5090823
Status 
Active
Property Tax 
$1,457
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
yesterdayListing first seen on site
yesterdayListing updated with changes from the MLS®
General Features
Acres 
0.1047
Garage 
Yes
Garage Spaces 
1
Number Of Stories 
2
Parking 
DetachedGarage
Property Sub Type 
Single Family Residence
Sewer 
Public Sewer
SqFt Above 
1490
Stories 
Two
Style 
Cape Cod
Water Source 
Public
Interior Features
Basement 
Partially Finished
Fireplace 
Yes
Fireplaces 
1
Heating 
Forced Air
Main Level Bedrooms 
2
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Exterior Features
Construction Details 
Aluminum SidingAsphaltOtherPlasterShingle SidingVinyl SidingWood Siding
Roof 
AsphaltShingle
Community Features
Financing Terms Available 
CashConventional
School District 
Cleveland Municipal - 1809
Township 
Cleveland
Schools
School District
Cleveland Municipal - 1809
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Journey Toole of Keller Williams Living



The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged. Information Deemed Reliable But Not Guaranteed. Copyright 2024 - Multiple Listing Service, Inc. – All Rights Reserved.

Neighborhood & Commute
Source: Walkscore
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