10905 Penfield Avenue, Garfield Heights, OH 44125
- $95,000
- 3
- BD
- 2
- BA
- 1,248
- SqFt
- Sold Price
- $95,000
- List Price
- $104,900
- Status
- CLOSED
- Days on Market
- 49
- Closing Date
- Jun 24, 2024
- MLS#
- 5034694
- Subtype
- Residential
- Style
- Colonial
- Year Built
- 1953
- Bedrooms
- 3
- Bathrooms
- 2
- Full Baths
- 1
- Half Baths
- 1
- Living Area
- 1,248
- Acres
- 0.11
- Subdivision
- Granger Estates Sub
- Neighborhood
- Granger Estates Sub
- MLS Area Major
- Garfield Heights
Property Description
This single-family rental is a well-maintained property featuring three bedrooms and one-and-a-half bathrooms, complete with central air conditioning throughout. It's currently leased to tenants who pay $1,049 per month (plus paying all of their own utilities), with the lease extending until September 2024. The house boasts beautiful hardwood floors and includes a large two-car detached garage. This investment opportunity offers a straightforward, hands-off approach, and although it's currently rented below market value, there's potential for increased rental income to $1,400 after the current lease ends with only minor cosmetic improvements.
Additional Information
- Taxes
- $2,806
- Property Description
- Colonial
- Heating
- Forced Air, Gas
- Air Conditioning
- Central Air
- Levels
- Three Or More
- Roof
- Asphalt, Fiberglass, Shingle
- Parking Features
- Detached, Garage
- Garage Spaces
- 2
- School District
- Garfield Heights CSD - 1815
Listing Courtesy of: Tal Tamir, tal@premierclevelandinvesting.com With Russell Real Estate Services
Selling Office: BHR & Associates.Mortgage Calculator
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