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Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,344 sqft
Price per Sqft $70
Subdivision Joseph Hejls Proposed Sub
MLS Listing ID 5214915
Style Cape Cod
Bedrooms 3
Full Baths 1
HOA Y/N No
Abv Grd Liv Area 1,344
Year Built 1923
Annual Tax Amount $1,407
Tax Year 2025
Lot Size 3,881 Sqft
Acres 0.0891
Property Sub-Type Single Family Residence
Property Description
This cash flowing Cape Cod presents an excellent opportunity for investors seeking immediate cash flow and long-term stability! This single family home offers a functional layout featuring 3 bedrooms and 1 bathroom, a spacious living room, a practical kitchen with an adjoining dining area, and a basement that provides valuable storage space or future value-add potential.
Major capital improvements have already been completed, helping reduce future maintenance concerns. The furnace, electrical panel, windows, and roof were all replaced in 2019, providing peace of mind and making this a strong addition to any investment portfolio.
The property is currently tenant occupied and has been there for 3 years, generating $1,400 per month in rental income, with a lease in place through 04/01/2027, reliable cash flow from day one. Whether you're a seasoned investor looking to expand your portfolio or a buyer seeking a stable, income-producing asset, this property checks all the right boxes.
Conveniently situated in Cleveland, just minutes aways from Garfield Reservation and Lee Harvard Shopping Center. Also near major roadways, public transportation, parks, schools, shopping, and everyday amenities, a location that remains attractive to tenants while providing easy access to everything Cleveland has to offer.
Full service property management available with dedicated departments for leasing, marketing, tenant communication. Plus rehab and construction services for remote investors!
With strong rental income, recent mechanical and structural updates, and a long-term tenant already in place, this is a turnkey investment opportunity positioned to deliver consistent returns from day one! Schedule your showing now!
Location
State OH
County Cuyahoga
Rooms
Basement Full
Main Level Bedrooms 2
Interior
Heating Forced Air
Cooling None
Fireplace No
Laundry In Basement
Exterior
Parking Features Driveway
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Private Pool No
Building
Story 2
Sewer Public Sewer
Water Public
Architectural Style Cape Cod
Level or Stories Two
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 137-19-052
Acceptable Financing Cash, Other
Listing Terms Cash, Other
Nearby Locations
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