Property
Beds
5
Full Baths
2
1/2 Baths
None
Year Built
1920
Sq.Footage
1,400
Welcome to an updated & income-producing Colonial offering an excellent opportunity for investors seeking a turnkey addition to their rental portfolio! The home features 5 bedrooms & 2 bathroom, providing a spacious & versatile layout with strong rental potential. The main living area offers a comfortable living room, a renovated kitchen featuring newer cabinetry, butcher block countertops, recessed can lighting, & modern finishes, with adjoining dining space, & plenty of room throughout for everyday living. The basement provides additional storage space along with potential for future value-add opportunities. The property has undergone extensive updates, newer LVP flooring runs throughout the home, while the updated bathroom offers a refreshed & contemporary appearance. Additional improvements include newer vinyl windows, updated plumbing & electrical systems, newer roof, newer hot water tank, & newer furnaceāhelping reduce the likelihood of major near-term capital expenditures. Investors can begin generating income from day one, as the property is currently tenant occupied at $1,800/mo., on a month-to-month lease. The combination of strong rental income, 5 bedroom configuration, substantial improvements, & an existing tenant makes this an attractive opportunity for investors. Located in Cleveland with access to major roads & public transportation, the property is also near shopping, schools, parks, restaurants, & a wide variety of everyday amenities. Professional management in place & willing to stay on. Full service management with dedicated departments for leasing, marketing, tenant communication. Plus rehab & construction services available for remote investors! Whether youāre looking for immediate cash flow or a well-updated rental with long-term income potential, this property offers the space, improvements, & rental performance investors look for! Schedule your showing! No wholesalers. No Seller financing. No low ball offers.
Features & Amenities
Interior
-
Total Bedrooms
5
-
Bathrooms
2
-
Above Grade Finished Area
1400.0
-
Basement YN
YES
-
Cooling YN
NO
-
Cooling
None
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Forced Air
-
Main Level Bedrooms
1
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Frame
-
Parking
Driveway
-
Patio and Porch Features
Porch
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.1065
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
-
Architectural Style
Colonial
Price
-
Sales Price
$150,000
-
Tax Amount
$1,698
-
Sq. Footage
1,400
-
Price/SqFt
$107
HOA
-
Association
No
School District
-
Elementary School
Cleveland Municipal - 1809
-
Middle School
Cleveland Municipal - 1809
-
High School
Cleveland Municipal - 1809
Property Features
-
Stories
2
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Cuyahoga
Elementary School
Cleveland Municipal - 1809
Middle School
Cleveland Municipal - 1809
High School
Cleveland Municipal - 1809
Listing Courtesy of Michael Azzam, RE/MAX Haven Realty
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Agent / RealtorĀ®
Carla Ponikvar
Call Carla today to schedule a private showing.
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