4137 E 59th Street, Cleveland, OH 44105

$79,500 Asking Price

2 beds
1 bath
1,747  sqft
Built in 1910

Attention All Investors! Discover the perfect opportunity to expand your investment portfolio w/this turnkey rental property, currently generating steady income w/long-term tenant. Enjoy peace of mind w/professional management (You can self manage if desired). The tenant, who pays $1075 per month & covers all utilities and lawn care, has been living here for over three years, ensuring reliable cash flow from day one. Well cared for 3 bedroom cape cod with cosmetic/mechanical updates, basement, situated on a private lot/backyard on a quiet low traffic street. Transitioning area w/increasing rents & values. Spacious and comfortable home has been maintained & updated, making it an attractive option for both seasoned investors and those starting their investment career. The recent updates enhance the home's appeal, providing modern comforts in a stable investment. Review the photos to appreciate the quality updates and in this desirable rental property. Don't miss out on this excellent investment opportunity. Schedule your showing today— Serious inquires w/pre-approval or proof of funds required for all showings. Contact us now to add this turnkey rental to your portfolio and enjoy instant cash flow!


Features & Amenities

Interior

Laundry:
In Basement
Basement:
Full,Unfinished
A/C:
false, None
Heating:
true, Forced Air,Gas,Hot Water,Steam
Fireplace:
Fireplaces: 0

Exterior

Style:
Bungalow,Cape Cod
Parking:
Driveway

Construction

Roofing:
Asphalt,Fiberglass
General:
Aluminum Siding, 2

Location

Originating MLS:
NOWDD
School District:
Cleveland Municipal - 1809
County:
Cuyahoga

Lot

Zoning:
309 TALBOT 0129 ALL, 132-23-045

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
NOWDD

This listing courtesy of:
Coldwell Banker Schmidt Realty, Christopher A Frederick

About Cleveland, OH

Housing

Number of Units
365,687
Median Home Value
$126,282
Median Rent
$704

49.39% of housing units are renter occupied.

12.38% are vacant.

Commute

Car
68.75%
Public Transportation
4.98%
Walk to Work
2.83%
Work from Home
22.21%
Other
0.84%

The median travel time to work is 21 minutes.

People

Population
727,091
Median Age
39.60
Median Household Size
2.36

Education

High School
29.70%
Associate’s Degree
8.33%
Bachelor’s Degree
16.22%
Graduate Degree
11.86%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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