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Updated over 5 years ago,
How Far North of Harvard Ave?
Getting close to pulling the trigger on a duplex in 44105. It's about 1.5 miles North of Harvard Ave (106th @ Union). I've been avoiding anything N of Harvard Ave in my searches (thanks @James Wise for the article). But this one is fully occupied at $1,300 gross (2 year leases), requires 0 repairs and is at $30,000.
I'm planning on picking this up for cash and the HELOCing out of it later on to help fund the next deal. The numbers make sense but I'm wondering about the area.
My question is, how far N of Harvard can you go before you reach the hardcore ghetto? Looking on Google Maps (2017 images) I'm seeing some nicer properties on the street and surrounding streets. Flower beds maintianed, freshly painted houses and other signs that some folks actually take pride in where they live. There's some run down places too but the majority look halfway decent.
I'm from out of town and have been on the ground a few times in Cleveland but I'm looking for advice from some locals.
Thanks in advance!