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Don't have an account?Estimated Monthly Payment: $478.55
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NEW REDUCED PRICE! ATTENTION INVESTORS! TURNKEY, TENANT-OCCUPIED COLONIAL GENERATING $1,250 PER MONTH ($15,000 ANNUALLY) IN RENTAL INCOME! Fantastic opportunity to expand your investment portfolio with this spacious 3-bedroom, 1-full-bath Colonial offering immediate rental income from day one! Property features an established tenant already in place paying $1,250 per month (not Section 8), providing consistent income without the hassle of finding a new renter. This attractive investment offers a spacious, functional floor plan with comfortable living areas and classic Colonial charm, making it an appealing option for long-term rental ownership. The home features 3 generously sized bedrooms, a full bathroom, and a basement providing abundant additional storage and potential for added functionality. Investors will appreciate the combination of an existing income stream, practical layout, and manageable property features, making this an excellent addition to any investment portfolio. Located in an established residential area with rental demand, this property offers an appealing opportunity for investors seeking long-term income and potential appreciation. Whether you're purchasing your first rental property or expanding an established portfolio, this income-producing Colonial offers an opportunity to build long-term wealth through real estate! Don't miss your chance to acquire an affordable investment property with rental income already in place! IMPORTANT: Tenant occupied. Do not disturb tenant. No showings until an accepted offer. Serious, qualified buyers only. No wholesalers, contract assignments, or owner financing. Property is part of a larger investment portfolio and may be purchased individually or as part of a bulk portfolio purchase.
$109,500
Estimated Monthly Payment: $478.55 (including taxes & insurance estimates)
Edit mortgage details for a more accurate payment| City: Cleveland | Property Type: Residential - Single Family | |
| Subdivision: City/Cleveland 15 | Lot Size: 0.13 Acres | |
| School District: Cleveland Municipal - 1809 | Garage: 1 | |
| Bedrooms: 3 | Taxes: $2,435 | |
| Bathrooms: 1 full | Status: Active | |
| Square Feet: 2204 | Year Built: 1927 | |
| MLS#: 5256275 |
| Property Type: Residential - Single Family | Parcel#: 113-08-038 | |
| Basement: Yes | Parking: Detached, Garage | |
| Basement: Unfinished | Patio/Porch: Front Porch | |
| Cooling: None | Roof Type: Asphalt, Fiberglass | |
| Exterior: Brick, Vinyl Siding | Sewer: Public Sewer | |
| Garage: 1 | Stories: 3.0 | |
| Heating: Forced Air | Taxes: $2,435 | |
| Home Style: Colonial | Water: Public | |
| Lot Size: 0.13 Acres | Year Built: 1927 |
| School District: Cleveland Municipal - 1809 |
Listed By
Agency Name: Coldwell Banker Schmidt Realty
Agency Contact: afredericksold@gmail.com, 216-469-4854
Shown By
Agency Title: Cutler Real Estate
Agency Phone: 555-555-5555
| Fips |
| Fips Code39035 |
| Population |
| 2020 to 2025 Changedown 2.5% |
| 2010 Count1,280,122 |
| 2020 Count1,264,817 |
| 2025 Estimate (V2025)1,232,925 |
| 2020 Estimate (V2025)1,264,775 |
| Age Distribution (Years Old) |
| 0 to 45.2% |
| 5 to 1720.1% |
| 18 to 6454.2% |
| 65 and Older20.5% |
| Gender |
| Male48.0% |
| Female52.0% |
| Place of Birth |
| Foreign7.7% |
| US92.3% |
| Education |
| High School Graduate, Age 25+91.5% |
| Bachelor's Degree or Higher, Age 25+36.5% |
| Computer and Internet use |
| Households with a computer94.0% |
| Households with a broadband Internet subscription89.5% |
| Language |
| English is Second Language, Age 5+12.3% |
| English is First Language, Age 5+87.7% |
| Veterans |
| Veterans54,264 |
| Income |
| Per Capita Income$42,747 |
| Median Household Income$64,468 |
| People in Poverty14.9% |
| Commute |
| Average Work Commute Time24 minutes |
| Housing |
| Total Housing Units615,116 |
| Households554,551 |
| Average Household Size2.20 |
| Owner-Occupied59.4% |
| Multi-Family34.9% |
| Owner-Occupied Median Value$195,400 |
| Median selected monthly owner costs -with a mortgage$1,570 |
| Median selected monthly owner costs -without a mortgage$671 |
| Median gross rent$1,060 |
| Building Permits |
| New Private Housing Issued 20241,685 |
| Years at Residence |
| 1 Year or More86.7% |
| Less Than 1 Year13.3% |
| Business and Employment |
| Private non-farm Establishments31,496 |
| Private non-farm Employment681,543 |
| Private non-farm Employment Growthup 0.7% |
| Nonemployer Establishments110,977 |
| Number of Firms23,160 |
| Business Production |
| Value of Shipments$23,225,392,000 |
| Wholesale Trade$24,854,217,000 |
| Retail Trade$16,920,714,000 |
| Retail Sales Per Capita$11,914 |
| Accommodation and Food Services$3,332,698,000 |
| Land |
| Land Area457.19 sq. miles |
| Population Per Square Mile2,800 |
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