UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,248 sqft
Price per Sqft $132
MLS Listing ID 5214539
Style Colonial
Bedrooms 3
Full Baths 1
Half Baths 1
HOA Y/N No
Abv Grd Liv Area 1,248
Year Built 1927
Annual Tax Amount $643
Tax Year 2025
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type Single Family Residence
Property Description
The property has been thoughtfully updated and maintained, featuring fresh interior paint, new carpeting, an updated garage, and a finished basement that enhances the overall functionality and appeal of the home. The spacious layout, combined with the finished lower level, provides attractive living space that helps support strong tenant retention and long-term rental demand. Outside, the fully fenced backyard offers privacy and additional outdoor space, a desirable feature for tenants and families alike.
Located in Cleveland's established rental market, this property presents an excellent opportunity for both new and seasoned investors seeking dependable income and minimal deferred maintenance. With major cosmetic improvements already completed and a lease secured through 2027, investors can benefit from immediate revenue from day one while avoiding turnover costs in the near term.
Whether you're looking to expand an existing portfolio, complete a 1031 exchange, or acquire a stable buy-and-hold asset, this property checks all the boxes: reliable cash flow, tenant stability, recent updates, and turn-key condition. Opportunities to acquire a fully occupied, income-producing property with long-term tenancy already in place are becoming increasingly difficult to find. Add this performing asset to your portfolio and start collecting income immediately.
Location
State OH
County Cuyahoga
Community Street Lights, Sidewalks
Rooms
Other Rooms Shed(s)
Interior
Interior Features Built-in Features, Ceiling Fan(s), Pantry, Recessed Lighting, Soaking Tub
Heating Forced Air, Gas
Cooling Attic Fan
Fireplaces Number 1
Fireplaces Type Living Room
Fireplace Yes
Window Features Double Pane Windows
Laundry In Basement
Exterior
Exterior Feature Balcony, Private Yard
Parking Features Driveway, Detached, Garage
Garage Spaces 1.0
Garage Description 1.0
Fence Back Yard, Fenced
Community Features Street Lights, Sidewalks
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Porch Rear Porch, Front Porch, Terrace, Balcony
Private Pool No
Building
Lot Description < 1/2 Acre, Back Yard, Front Yard
Story 2
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style Colonial
Level or Stories Two
Additional Building Shed(s)
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 138-04-003
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Nearby Locations
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