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Property Description

LOCATION, LOCATION, LOCATION! PROPERTY LOCATED WITHIN WALKING DISTANCE OF CASE WESTERN RESERVE. CURRENTLY USED AS A RENTAL AT 775 PER BEDROOM. MOST OF THE LARGER HOMES IN THE NEIGHBORHOOD DO SERVE AS RENTALS FOR INTERNATIONAL STUDENTS, CASE WESTERN HAS A SEVERE SHORTAGE OF HOUSING SO THESE STUDENTS DO LIKE TO LIVE OFF CAMPUS IN THEIR OWN RENTAL HOMES. MOST STAY ON FOR THE 4 YEARS WHILE AT CASE AND MANY STAY ON FOR POST GRADUATE. STILL A GOOD OPPORTUNITY TO GET RENTED FOR THE 2025 NEW SCHOOL YEAR IN MID AUGUST. PROPERTY ITSELF IS GORGEOUS WITH BEAUITFUL HARDWOOD FLOORS, THICK CROWN MOLDING, WOOD/BRICK FIREPLACE WITH BEAUTIFUL MANTEL. PROPERTY HAS SIDE ENCLOSED PATIO AND A TIER DECKING. CURRENTLY WIITH 55,800 OF POTENTIAL ANNUAL INCOME AND APPROX 8800 IN EXPENSES YOUR NOI IS 50K OR A CAP RATE OF 9.8% – THAT’S HUGE FOR ANY AREA OF GREATER CLEVELAND LET ALONE PROPERTY WITHIN WALKING DISTANCE OF CASE….THAT’S LIQUID GOLD! CALL US TODAY THIS ONE WON’T LAST!

Features
: Hot Water, Steam
: Wall/window Unit(s), Ceiling Fan(s)
: Driveway
Address Map
OH
Cuyahoga
Cleveland
Wade Park
11115
Avenue
44106
W82° 23' 31.9''
N41° 30' 58.5''
Property Details
Active
CREO Real Estate Group
Mary L Palumbo
422623
2302
120-21-035
: Asphalt, Fiberglass
: Public Sewer
2
Colonial
: Vinyl Siding
: Public
1
$6,757
2002019111
10/05/2025 23:15:30
No
Yes
No
No

11115 Wade Park Avenue, Cleveland, Ohio

Residential For Sale

3 Bathrooms
0.27 Sqft
$515,000
Listing ID #5119816
Basic Details
Property Type : Residential
Property Sub Type : Single Family Residence
Levels : Two
Listing Type : For Sale
Listing ID : 5119816
Price : $515,000
Rooms : 11
Bathrooms : 3
Year Built : 1910
Lot Area : 0.27 Sqft
Agent info
Berkshire Hathaway HomeServices Professional Realty
7466 Auburn Road Suite A, Concord, Ohio 44077
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