2
beds
1
bath
1,010
sqft
Built in
1940
Attention investors! Here’s a prime opportunity to expand your portfolio with this two-bedroom, one-bathroom single-family home, currently tenant-occupied and generating reliable rental income of $1,050 per month. Strategically located just 20 minutes from downtown Cleveland, 17 minutes from the prestigious Cleveland Clinic main campus, and a mere 8 minutes from the bustling Van Aken shopping district in Shaker Heights, this property is positioned to attract quality tenants and maintain high occupancy rates. This property not only offers immediate cash flow but also incredible investment potential. Explore the possibilities of the BRRR Method (Buy, Rehab, Rent, Refinance, Repeat) to further enhance your returns. Additionally, consider the lucrative Section 8 rental rates for two-bedroom properties within this zip code to maximize profitability. Take advantage of this opportunity to add a valuable asset to your investment portfolio. With a strong rental history and a desirable location, this property is a must-see. Schedule your showing today and unlock the potential that this investment property has to offer!
-
Listing Status:
-
Active
-
Date Added:
- January 16, 2025
—
73 days ago
-
Listing Office:
-
RE/MAX Crossroads Properties, Victoria Wallis (330-819-8216)
-
Office Phone:
-
440-331-2870
-
MLS ID:
-
5095036
Features & Amenities
Interior
- Basement:
- Full, Unfinished
- A/C:
- false, None
- Heating:
- true, Forced Air, Gas
- Fireplace:
- Fireplace, Fireplaces: 1
Exterior
- Style:
- Colonial
- Parking:
- Driveway, Paved
Construction
- Roofing:
- Asphalt, Fiberglass
- General:
- Aluminum Siding, Vinyl Siding, 2
Location
- Originating MLS:
- NOWDD
- School District:
- Cleveland Municipal - 1809
- County:
- Cuyahoga
Lot
- Zoning:
- 140-04-077
Utilities
- Water:
- Public
- Sewer:
- Public Sewer
Financial
- Source:
- NOWDD
This listing courtesy of:
RE/MAX Crossroads Properties, Victoria Wallis
Monthly Payment
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
*Your actual payment may vary based on your unique situation.
$--- Est. Payment
-
$--- BAH
=
$--- Remaining
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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