Property Description

Investment opportunity with an established long-term tenant already in place! This colonial single-family home offers a practical layout, existing rental income, & several updates that make it an attractive option for an experience investor! The home features 2 bedrooms & 1 bathroom, along with a spacious living room, functional kitchen, & adjoining dining area. Original hardwood flooring adds character throughout portions of the home, including the living room & staircase, while newer LVP flooring has been installed in the front entryway, hallway, primary bedroom, & bathroom areas. Additional improvements & features include a younger furnace, central air conditioning, an updated PVC main stack, sewer cleanout, & an older but updated electrical panel. The basement provides additional storage space & utility access. Outside, the property offers both front & rear decks, a fully fenced backyard, wood-sided exterior, a detached 1-car garage-providing valuable outdoor space & added functionality. The property is currently tenant occupied by a long-term resident who has been in place since 2019. Current rent is $700 per month on a month-to-month lease, with the tenant also responsible for water & sewer. Conveniently located on Cleveland's east side with easy access to I-90, the property is near Cleveland Clinic Euclid Hospital & Wildwood Park, while also offering convenient access to major roadways, public transportation, shopping, restaurants, schools, parks, & everyday amenities. Professional management in place & willing to stay on. Full service management with dedicated departments for leasing, marketing, tenant communication. Plus rehab & construction services available for remote investors! With an established tenant, existing cash flow, updates throughout, & a convenient Cleveland location, this property offers an opportunity for an investor seeking an income-producing asset with potential for future upside! No wholesalers. No Seller financing. No low ball offers.

Property Features

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