18315 Marcella Road, Cleveland, OH 44119 - $109,500

  • Beds: 3
  • Baths: 1 full
  • Sq. Feet: 2,204
  • Days on Site: n/a
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18315 Marcella Road, Cleveland, OH 44119
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Comments for 18315 Marcella Road, Cleveland, OH 44119

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)

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Property Details

City: ClevelandProperty Type: Residential - Single Family
Subdivision: City/Cleveland 15Lot Size: 0.13 Acres
School District: Cleveland Municipal - 1809Garage: 1
Bedrooms: 3Taxes: $2,435
Bathrooms: 1 fullStatus: Active
Square Feet: 2204Year Built: 1927
MLS#: 5256275 

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Property Features

Property Type: Residential - Single FamilyParcel#: 113-08-038
Basement: YesParking: Detached, Garage
Basement: UnfinishedPatio/Porch: Front Porch
Cooling: NoneRoof Type: Asphalt, Fiberglass
Exterior: Brick, Vinyl SidingSewer: Public Sewer
Garage: 1Stories: 3.0
Heating: Forced AirTaxes: $2,435
Home Style: ColonialWater: Public
Lot Size: 0.13 AcresYear Built: 1927

School Information

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

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  • Zip Code 44119

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