4
beds
1
bath
1,376
sqft
Built in
1910
Investment Opportunity: 7428 Ottawa Rd, Cleveland, OH 44105
Seize the chance to expand your portfolio with this tenant-occupied investment property in Cleveland's South Broadway neighborhood. This charming 3-bedroom, 1-bathroom single-family home offers a comfortable 1,376 sq. ft. layout, perfect for long-term rental income potential.
Built in 1910, this property combines classic charm with rental stability, already occupied to ensure immediate cash flow for investors. Situated in a market with increasing demand and a median sales price trending upward, this home is strategically located near amenities, schools, and transportation, making it attractive to tenants.
Key Features:
3 spacious bedrooms and 1 full bathroom
Current tenant occupancy for immediate income potential
Prime location in a rental-heavy area, with a strong rental market
Opportunity for appreciation in a historically stable neighborhood
Don’t miss out on this high-potential property – contact us to learn more about lease terms and tenant arrangements (see broker remarks).
-
Listing Status:
-
Active
-
Date Added:
- November 27, 2024
—
130 days ago
-
Listing Office:
-
Metro Space Realty, Yarden Portnoy (304-395-7262)
-
Office Phone:
-
216-509-8208
-
MLS ID:
-
5084294
Features & Amenities
Interior
- Basement:
- Full
- A/C:
- false, None
- Heating:
- true, Forced Air
- Fireplace:
- Fireplaces: 0
Exterior
- Style:
- Colonial
- Parking:
- Driveway
Construction
- Roofing:
- Asphalt, Shingle
- General:
- Aluminum Siding, Vinyl Siding, 2
Location
- Originating MLS:
- NOWDD
- School District:
- Cleveland Municipal - 1809
- County:
- Cuyahoga
Lot
- Zoning:
- 315 BWW 0171 ALL, 133-18-028
Utilities
- Water:
- Public
- Sewer:
- Public Sewer
Financial
- Source:
- NOWDD
This listing courtesy of:
Metro Space Realty, Yarden Portnoy
Monthly Payment
For Regular Military with Good Credit and a 30 Year Loan with 0% Down
- Principal & Interest $616
- Taxes $95
- Insurance $28
- VA Funding Fee $6
*Your actual payment may vary based on your unique situation.
$745 Est. Payment
-
$--- BAH
=
$--- Remaining
Nearby Schools
-
Albert Bushnell Hart School
3900 E 75th St, Cleveland, OH 44105 - 0.13 miles away
Grades KG-8
-
Nathan Hale PreK-8 School
3588 Martin Luther King Jr Dr, Cleveland, OH 44105 - 1.60 miles away
Grades PK-8
-
John Adams College and Career Academy
3817 Martin Luther King Jr Dr, Cleveland, OH 44105 - 1.78 miles away
Grades 9-12
Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.
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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