1828 Noble Road, East Cleveland, OH 44112
- $99,000
- 4
- BD
- 2
- BA
- 1,473
- SqFt
- Sold Price
- $99,000
- List Price
- $104,900
- Status
- CLOSED
- Days on Market
- 294
- Closing Date
- Dec 13, 2024
- MLS#
- 5018491
- Subtype
- Residential
- Style
- Colonial
- Year Built
- 1911
- Bedrooms
- 4
- Bathrooms
- 2
- Full Baths
- 1
- Half Baths
- 1
- Living Area
- 1,473
- Acres
- 0.09
- MLS Area Major
- East Cleveland
Property Description
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.
Additional Information
- Taxes
- $718
- Property Description
- Colonial
- Heating
- Baseboard, Hot Water, Steam
- Air Conditioning
- None
- Stories
- 3
- Levels
- Three Or More
- Roof
- Slate
- Parking Features
- Driveway, Paved
- School District
- East Cleveland CSD - 1812
Listing Courtesy of: Tal Tamir, tal@premierclevelandinvesting.com With Russell Real Estate Services
Selling Office: Russell Real Estate Services.Mortgage Calculator
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