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Buy & Hold (Single Family): 7700 Grace Ave, Cleveland, OH 44102 +$160,000

Single Family Investment Opportunity

Price

$160,000


OFF-MARKET INVESTMENT OPPORTUNITY — CLEVELAND, OH


Address: 7700 Grace Ave, Cleveland, OH 44102

Property Type: Single Family


Photos & Financials:


Asking Price: $160,000


Attention investors. This off-market dual single-family opportunity features two houses on one lot, offering immediate cash flow and strong upside potential in Cleveland’s rental market.


Each unit consists of 3 bedrooms and 1 bathroom, with both properties currently tenant-occupied on month-to-month leases, providing flexibility for rent increases or future repositioning.


Current Rental Income:

  • $925 per unit

  • Total: $1,850/month ($22,200/year)


Property Highlights:

  • 2 Houses on 1 Lot

  • Each Unit: 3BD / 1BA

  • Month-to-month tenants

  • Strong in-place cash flow

  • Separate furnaces for each house


Condition & Updates:

  • New roofs (1 & 2 years old)

  • No foundation issues reported

  • Plumbing and electrical in good condition

  • Water heaters approximately 6 years old

  • Flooring includes carpet and hardwood

  • No major updates needed


Investment Highlights:

  • Price: $160,000

  • Estimated ARV: $250,000

  • Immediate rental income

  • Value-add potential through rent increases

  • Ideal for buy-and-hold investors

  • Located in Cleveland, OH 44102


This property is ideal for single-family home investors looking to acquire a cash-flowing asset with multiple units and upside potential.


Additional information available for serious buyers.

Submit All Offers To

Promiseland Realty LLC


Property Map







TEAM PROMISELAND DISCLAIMER: No one is permitted to market, advertise, or distribute this listing without express written permission or verified membership within the TEAM PROMISELAND network. Unauthorized use or sharing of this opportunity, photos, or property information will result in a $500 fine per incident, enforceable by law.


All off-market properties are sold As-Is, Where-Is. Buyer is responsible for conducting their own due diligence. Properties are conveyed via warranty deed, and Promiseland Realty LLC is selling its assignable contractual interest.


Proof of Funds is required with all offers. Earnest Money Deposit (EMD) is due within 48 hours of accepted offer. All closings are facilitated through a licensed title company or closing attorney.


Realtors & Brokers: You are welcome to bring a buyer — please add your fee on top of our asking price.



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Work: 864-762-2509


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PROMISELAND DISCLAIMER:


Promiseland Realty LLC is a nationwide real estate consulting firm specializing in off-market investment opportunities, strategic acquisitions, and real estate advisory services.

No one is permitted to market, advertise, or distribute this listing without express written permission or verified membership within the TEAM PROMISELAND network. Unauthorized use or sharing of this opportunity, photos, or property information will result in a $500 fine per incident, enforceable by law.


All off-market properties are sold As-Is, Where-Is. Buyer is responsible for conducting their own due diligence. Properties are conveyed via warranty deed, and Promiseland Realty LLC is selling its assignable contractual interest.


A $1,000 non-refundable Commitment Fee is required from all interested parties prior to contract execution. This fee secures priority positioning, covers consulting and processing costs, and confirms buyer intent. Proof of Funds is required with all offers. Earnest Money Deposit (EMD) is due within 48 hours of an accepted offer. All closings are facilitated through a licensed title company or closing attorney.


Realtors and Brokers: You are welcome to bring a buyer — please add your fee on top of our asking price.



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