1828 Noble Road, East Cleveland, OH 44112

$104,900 Asking Price

4 beds
2 baths
1,473  sqft
Built in 1911

JUST LISTED - a prime single-family investment opportunity, now occupied by a reliable CMHA tenant paying $1495/month on a secure annual lease. Boasting vinyl windows, glass block windows in the basement, a 5-year-old roof, and a newer hot water tank, the property is well-maintained and poised for long-term returns. Successfully passing the CMHA inspection, this investment is poised to be a hassle-free ownership experience. The tenant is responsible for electric/gas payments, while the owner covers water/sewer expenses. At the current purchase price, the property offers an impressive 25% cash-on-cash return, making it a strategic, hands-off and lucrative addition to any investment portfolio.


Features & Amenities

Interior

Laundry:
Washer Hookup,Electric Dryer Hookup,In Basement
Basement:
Unfinished
A/C:
false, None
Heating:
true, Baseboard,Hot Water,Steam
Fireplace:
Fireplace, Fireplaces: 1

Exterior

Style:
Colonial
Parking:
Driveway,Paved

Construction

Roofing:
Slate
General:
Aluminum Siding,Vinyl Siding, 3

Location

Originating MLS:
NOWDD
School District:
East Cleveland CSD - 1812
County:
Cuyahoga

Lot

Zoning:
673-12-077

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
NOWDD

This listing courtesy of:
Russell Real Estate Services, Tal Tamir

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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