Rare opportunity to acquire a fully-occupied, turnkey investment property in Cleveland Heights! Currently rented at $1,450 per month with the tenant covering all utilities, the lease runs through December 31st, 2024. Upon renewal, you can easily increase the rent to $1,700 without any additional work. The property boasts numerous updates, including a fully renovated kitchen and bathroom, new flooring throughout, and a partially finished basement. Both mechanical systems are in good working condition, and the property also boasts a 2-car detached garage. An ideal addition to your rental portfolio!. This is a prime investment with great cash flow potential! *County Auditor's website states that there are 3 bedrooms and 1 bathroom / owner states that there are 3 bedrooms and 2 bathrooms.
MLS# | 5078289 |
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Listing Type | For Sale |
Style | House |
Sub-Type | Resale |
Status | Active |
Year | 1949 |
Days On Site | 95 |
Listing Provided By | Russell Real Estate Services | Tal Tamir |
Bed(s) | 3 |
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Bath(s) | 2 Total |
SQ Feet | 1,479 |
Garage | 2 |
Basement | Y |
Acreage | 0.15 |
State | OH |
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County | Cuyahoga |
City | Cleveland Heights |
Zip Code | 44118 |
Community Name | Cedarbrook |
School District | Cleveland Hts-Univer - 1810 |
Elementary School | Cleveland Hts-Univer - 1810 |
Middle School | Cleveland Hts-Univer - 1810 |
High School | Cleveland Hts-Univer - 1810 |
Listing VS Median (in Cedarbrook) | |
Price: $164,900 low | high Med: $235,000 SqFt: 1,479 low | high Med: 2,210 $ / SqFt: $111 low | high Med: $106 On Site: 95 low | high Med: 15.000000 |