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15
Photos
19670 Ormiston Avenue, Cleveland, OH 44119
$119,900 Asking Price
$---/mo Est. Payment Get Prequalified »
3
beds
1
bath
1,920
sqft
Built in
1930
Discover the perfect turnkey addition to your INVESTMENT PORTFOLIO at 19670 Ormiston Ave. This charming residence presents a lucrative opportunity with a long-term tenant already in place, ensuring a steady income stream from day one. Boasting 3 bedrooms and 1 bathroom, this well-maintained property offers comfortable living spaces for tenants to enjoy (current owner is selling his portfolio to invest in larger projects). Relax on the inviting porch or utilize the 1.5-car detached garage for convenience and storage. Below market rent at $1100 has room for improvement, and the tenant responsible for all utilities & lawncare, this investment with immediate returns. The quality, month-to-month tenant adds stability to the investment, making it an attractive option for savvy investors. Nestled on a quiet street in the heart of Euclid (increasing property values), this property offers a peaceful retreat in a quality city environment. The cozy fireplace in the living room adds charm, creating a welcoming atmosphere for residents (current tenant does not use).The refreshed white kitchen, complemented by a formal dining room, provides a functional and stylish space for meal preparation and entertaining. An unfinished basement offers additional potential for future enhancements or storage needs w/laundry facilities. The tenant expresses a desire to remain, further solidifying the investment's stability and long-term returns. Whether you're just starting your investment journey or looking to expand your portfolio, this home presents an easy and rewarding opportunity. Contact us today to learn more and take the first step towards financial freedom. Please view photos w/ some notice for showings. Proof of funds or preapproval required before showing...contact listing agent directly.
Features & Amenities
Interior
- Basement:
- Full,Unfinished
- A/C:
- false, Central Air,None
- Heating:
- true, Forced Air,Gas
- Fireplace:
- Fireplace, Fireplaces: 1
Exterior
- Style:
- Cape Cod
- Parking:
- Detached,Garage
Construction
- Roofing:
- Asphalt,Fiberglass
- General:
- Aluminum Siding,Brick, 2
Location
- Originating MLS:
- NOWDD
- School District:
- Euclid CSD - 1813
- County:
- Cuyahoga
Lot
- Zoning:
- 17-14 MONTHTS 0078 ALL, 641-15-088
Utilities
- Water:
- Public
- Sewer:
- Public Sewer
Financial
- Source:
- NOWDD
- NA Compensation:
- 3% on the first 100,000 2% on the balance
This listing courtesy of:
Coldwell Banker Schmidt Realty, Christopher A Frederick
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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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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