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16706 Palda Drive

Cleveland OH 44128

5
1
1575 sq. ft.
0.12 ac.
Single-Family
Currently for sale - view listing

Overview

Do not miss out on this great value add opportunity! This property offers the ability to build sweat equity through a light renovation. This 5 bedroom Colonial already comes with lots of updates from the current owner. The furnace, hot water tank and kitchen flooring were installed in 2023. The electrical panel is already updated. There were also security doors installed on the front and back door. The best part is that the property is already lead safe certified (see attachments) saving any investors time, money and a headache! This property will need a fresh coat of paint and some new floors to bring it back to life. There is a spacious living room, eat-in kitchen and convenient back room that would make a great mud room or a fun kids play room. The home features 2 large bedrooms on the first floor with a beautiful bathroom. There are an additional 3 bedrooms and a sitting area on the second floor. The basement has an epoxy floor, laundry and space for storage. The large backyard is completely fenced in and has a great patio area for entertaining. This property was previously rented to a CHMA voucher tenant at $1,500/month. Creating a strong cash flowing property if used as a rental. Homeowners and investors schedule a showing today before its too late.

Features

5 bedrooms
1 bathroom
1575 sq. ft. floor area
0.12 ac. lot size
Single-Family

Property history for 16706 Palda Drive

2023
Sold
$90,500
28 Apr 2023 by Melinda Chamberlin, of Keller Williams Living

Happy sellers in Cleveland

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Local market activity for 5 bedroom single-family properties in Cleveland

In the last 12 months, 3 five-bedroom single-family properties similar to 16706 Palda Drive, have been sold.

This represents a 80% increase in five-bedroom single-family properties sales when compared to the previous 12 months.

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