Discover this prime investment opportunity with a recently updated single-family home. The property features a brand new kitchen, new flooring throughout, fresh paint, and numerous additional upgrades, making it an attractive option for both tenants and investors alike. The property is currently occupied with a tenant paying $1,300 per month, covering their own electric and gas, while the owner is responsible for water and sewer. The lease is in place until June 1, 2025, providing stable cash flow for the foreseeable future. This stabilized, cash-flowing property offers an impressive financial profile, with an 11% capitalization rate (CAP) as-is and a nearly 20% cash-on-cash return. This investment delivers substantial returns without the need for additional improvements, making it a turn-key addition to any portfolio. Don't miss out on this high-yield investment opportunity in a desirable location. The county auditor's website states that there are 3 bedrooms and 1 bathroom but the owner states that there are 4 bedrooms and 1 bathroom since they finished the attic.
This large single-family Cape-Cod home is a solid way to build your rental portfolio! The property is currently vacant. Home has over 1,400 sqft. There is a small covered front porch. With easy highway access this is near food, shopping and public transit. Great opportunity with this single-family home! Schedule a showing to see it for yourself!
Welcome to 1341 Penhurst Road, a beautifully renovated gem nestled in the vibrant Collinwood area of Cleveland. This delightful home seamlessly combines modern updates with timeless charm, making it an ideal choice for both homebuyers and investors. Step into a fresh and inviting interior featuring brand-new laminate flooring throughout the main living areas and plush new carpet in the bedrooms for added comfort. The heart of the home boasts new kitchen cabinets, stunning granite countertops, and sleek fixtures, creating a perfect space for culinary creativity and entertaining guests. Enjoy peace of mind with updated mechanicals, ensuring efficiency and reliability for years to come. Whether you're looking to purchase your first home, downsize, or invest in a rental property, this house offers exceptional value and potential. Situated in a convenient and desirable location, provides easy access to local amenities, parks, and schools, while being just a short drive from downtown Cleveland. Don’t miss the opportunity to make this beautifully updated home your own. Contact us today to schedule a private showing and discover all that this fantastic property has to offer!
This very spacious update Colonial is a cash-flowing investment with many options for its future. It currently has a $1,300 monthly income with a stable tenant! The interior has a beautiful open concept and on the first floor there are 2 great size bedrooms with an updated full bath! On the second floor there are 3 large bedrooms with another updated full bath! New flooring throughout! New roof (2021)!
Welcome to your Turnkey Oasis! Unlock the door to effortless living with this meticulously designed property, where every detail has been perfected for your convenience. Ideal for savvy investors, busy professionals, or anyone seeking hassle-free living, this turnkey gem is ready to fulfill your dreams from day one.
Welcome to this cozy, cash flowing, Cleveland jewel! Perfectly located as the last home on a dead-end street, this 2-bedroom colonial is great for investors or owner-occupants alike. Currently tenant occupied, this updated home features beautiful, tiled floors in the kitchen and dining room, plenty of natural sunlight, hardwood living room floors and newer carpeting upstairs. Please do not disturb tenant, no showing until offer accepted.
Opportunity knocks in this 3 bed, 1 bath home nestled in Cleveland's burgeoning neighborhood! Ready for your vision, this property awaits renovation to unveil its full potential. Perfect for savvy investors seeking a flip or buy-and-hold strategy. With a strategic location in a developing area, capitalize on the rising market value. Don't miss out on this diamond in the rough!
This lovely 2 bedroom ranch style home is move in ready! New carpeting and fresh paint throughout. Spacious living room with beautiful built ins and original wood work. Large dining room also features built ins. Hardwood flooring under carpet on main level. Kitchen is nicely updated with newer cabinets and counters with stainless steel sink. Newer fridge to stay. Full bathroom updated with vanity, toilet and tub surround. 2 nicely sized bedrooms with ceiling fans. Basement is great for storage with glass block windows and brand new hot water tank. Stanek replacement windows throughout home. Newer 2.5 car garage. Back patio and a covered front porch. Asphalt drive. Partial wood privacy fence. Updated electric panel and 220 line. Convenient location close to I-90, Lake Erie and Downtown Cleveland! Property being sold as-is.
Look at this sturdy 2 story colonial located in South Collinwood. The property has 3 bedrooms and an attic that was converted into a loft. The property has a nice size kitchen, newer mechanicals, and has a large backyard. The property is tenant occupied and cash flowing. The tenant pays the utilities. This is a great home to start your investment portfolio or add to your current portfolio. The property is close to recreation, shopping, schools, police and fire. Schedule your viewing today!!! The property is being sold AS-IS, the seller will not make any repairs. Any inspections is for the buyers due diligence only. MULTIPLE OFFERS! Please submit your highest and best by Saturday May 18th by 6:00 Pm
Investor Special! 3 bedroom 2 full baths. Quiet street, includes vacant lot next door parcel# 115-27-147. Long term Tenant occupied.
Great opportunity for an investor looking for a rental to add to their investment portfolio. Estimated potential rental value at $1200 monthly. This charming single-family home presents an exciting opportunity for those with a keen eye for design. Boasting three bedrooms and one bathroom, this property also offers the potential to convert the third-floor space into an additional bedroom, further enhancing its value. Don't miss out on this fantastic investment opportunity for a buy-and-hold. Reach out with any questions.
Come see this beautiful 3 bedroom, 1 1/2 bath move in ready house, situated on a quiet street. The house offers laminate flooring on lower level of the house. The 3 bedrooms located on upper level has plenty of space. This basement is full/unfinished where you can add your own touch. Enjoy the nice sized backyard. This home is located near shopping, metro parks, restaurants, public transportation, and major freeway. Call today for your private showing!
Welcome to this nice 4 bedroom-1 and half bathroom Colonial style home! Located in the heart of the desired Waterloo Arts District, this property works for home buyers, first time investors and experienced investors looking to add to their current portfolio. Property features comfortably sized rooms, plenty of basement storage, open porch and deck for relaxation and a patio style rear yard for entertaining! Property is occupied at $1300.00 per month with tenants paying all utilities. Situated on a quiet and neighborly street, this property is conveniently located close to freeways, restaurants, shopping and much more! Property is being sold as-is and seller will make no repairs. Priced to sell
SELLER IS OPEN TO PAY BUYER CLOSING COSTS WITH RIGHT OFFER. Welcome to this newly renovated three-bedroom, one-bathroom home nestled in the Waterloo Arts District. Just a four-minute drive to Euclid Beach and 13 minutes to Downtown Cleveland. This property boasts a freshly painted exterior, a new front porch, and a professionally painted interior with new carpet and new LVP flooring throughout. The spacious living room opens to a dining area with a new fan, leading to an updated kitchen with refreshed cabinets and modern light fixtures. Upstairs, discover three bedrooms and a fully renovated bathroom. Additionally, envision the possibilities with the spacious third-floor attic, offering potential to be finished into a large fourth bedroom or versatile living space. Outside, enjoy the newly installed deck. The vacant lot next door is owned by the Cleveland Land Bank and may be available for purchase. Don't miss the chance to make this home uniquely yours. Contact your preferred realtor today to schedule a showing!
This house is priced to sell. It has a new roof, and the exterior was painted in 2022. this is a great demo to rent or flip. Motivated Seller.
Welcome to 13401 Lakeshore Blvd #3. This summer, Swedish House Feel Ranch is located on a private beach street, giving you that lake life minutes from downtown and seconds from I90 access. When you arrive at the property, you will notice the private surroundings and the vacation feel. The community grassy area and the beautiful bench overlooking Lake Erie views. A newer staircase leads to a super clean private beach waterfront with views of downtown Cleveland to the left and a view of the boat park to the beach area to the right. There is plenty of parking at the property. There is a wide spot in the street and cobblestone brick the entire way leading to the house. Completely fenced in you will feel the privacy in your yard and inside the house as well. Newer inviting front porch and front deck. Entering the home, there are two large closets to the right, and you will be invited by a bright skylight. The large front room has a gas fireplace that keeps you warm all year round and is breezed with front double-screen French doors. When doors and windows are open, you can hear the waves. A built-in bookshelf on the wall leads to kitchen wrap-around countertops and the side deck of the home, which is great for dining outside. Sky lite tastefully remolded bathroom with views out the ceiling and an antique bowl sink. Heated floors on thermostat in bath and bedroom. Double closet in the master bedroom, recessed lighting installed as well. The crawl space was insulated entirely. Newer water tank. All appliances stay. The rain barrel is connected to the gutter and is excellent for watering the beautiful garden. One-of-a-kind street community and property. Set up your private showing today and feel the grounded feel of this place and what it is like to be on vacation every day.
The property is on the condemnation list.
Turnkey single family rental under professional management generating $1300/mo. Many updates, see the photos. Newer carpet, almost-new furnace, updated kitchen, and 2 updated baths. Other features: spacious front porch, full unfinished basement with sump pump, newer hot water tank. Great location near freeway access, shopping, schools, just minutes to Downtown Cleveland and University Circle. Part of a portfolio package, 7 single family homes available at 435k, approximately $6k/mo gross rents for a CAP rate of about 15% including management costs! MLS #s included in the portfolio: 5024272, 5024239, 5024244, 5024246, 5024250, 5024251, 5024252
Solid investment property that needs work. large lot on a quiet street. ready for a new owner, show sell, and buy.
This Cape-cod style home offers ample amounts of opportunity for investors. Upon entrance, the living room flows directly into a formal dining room with the kitchen close by. There are 2 bedrooms and a full bath both on the main level and upstairs. Outside is the detached 1-car garage with a paved driveway. Don’t miss out on this property!
Attention investors! Welcome to this fantastic opportunity in Cleveland, Ohio! This charming 3-bedroom, 1.5-bathroom home boasts a prime location and a steady stream of income, currently rented for $1288 a month, making it a lucrative investment. With a cozy layout, ample natural light, and modern amenities, this property offers both comfort and convenience to tenants. Situated in a desirable neighborhood, it promises long-term tenant stability and potential for future appreciation. Don't miss out on this profit-flowing property with immediate rental income! Schedule your showing today and seize the chance to add this gem to your investment portfolio.
Whether you're looking for your first starter home or wanting to build your rental portfolio, this single-family colonial style home has plenty to offer. You are welcomed by a large covered front porch overlooking the front yard! Walk into the living room featuring plush carpeting and several windows! Continue through the formal dining room featuring large picture windows allowing for natural light to flow through! The kitchen has white cabinets for storage and has tons of potential! Upstairs you will find 3 bedrooms with closets and large windows allowing for tons of natural light! The full bathroom is also located upstairs and features a tub/shower combination! The basement has a separate laundry area and tons of space for storage! Outside you will find a large, paved driveway for off-street parking! With easy highway access, this is near food, shopping and public transit! Great opportunity with this single-family home! Schedule a showing to see it for yourself!
Stately sided colonial in the desirable Waterloo Neighborhood. Large open porch to watch the world go by as you enjoy the Bohemian Lifestyle Waterloo is famous for! Newer systems, updated kitchen & bath, electrical and flooring. This home is all fueled up and cleared for takeoff!
Add this Income producing property to your portfolio. Tenants lease is month to month, pays $900 per month plus all utilities including water and sewer. Professional property management in place. Nothing else to do but but close and collect. Property is being sold as is. Seller will make no repairs, priced to sell.
The median home value in Cleveland, OH is $54,200. This is lower than the county median home value of $123,800. The national median home value is $219,700. The average price of homes sold in Cleveland, OH is $54,200. Approximately 33.25% of Cleveland homes are owned, compared to 46.27% rented, while 20.48% are vacant. Cleveland real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Cleveland real estate agent to arrange a tour today!
Cleveland, Ohio 44110 has a population of 388,812. Cleveland 44110 is less family-centric than the surrounding county with 14.94% of the households containing married families with children. The county average for households married with children is 24.44%.
The median household income in Cleveland, Ohio 44110 is $27,854. The median household income for the surrounding county is $46,720 compared to the national median of $57,652. The median age of people living in Cleveland 44110 is 35.8 years.
The average high temperature in July is 82.2 degrees, with an average low temperature in January of 23.2 degrees. The average rainfall is approximately 39.6 inches per year, with 66.3 inches of snow per year.