19670 Ormiston Avenue, Cleveland, OH 44119

$114,000
3
BD
1
BA
1,920
SqFt

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Sold Price
$114,000
List Price
$119,900
Status
CLOSED
Days on Market
39
Closing Date
Jul 09, 2024
MLS#
5041762
Subtype
Residential
Style
Cape Cod
Year Built
1930
Bedrooms
3
Bathrooms
1
Full Baths
1
Living Area
1,920
Acres
0.09
Subdivision
Monthts
Neighborhood
Monthts
MLS Area Major
Euclid

Property Description

Discover the perfect turnkey addition to your INVESTMENT PORTFOLIO at 19670 Ormiston Ave. This charming residence presents a lucrative opportunity with a long-term tenant already in place, ensuring a steady income stream from day one. Boasting 3 bedrooms and 1 bathroom, this well-maintained property offers comfortable living spaces for tenants to enjoy (current owner is selling his portfolio to invest in larger projects). Relax on the inviting porch or utilize the 1.5-car detached garage for convenience and storage. Below market rent at $1100 has room for improvement, and the tenant responsible for all utilities & lawncare, this investment with immediate returns. The quality, month-to-month tenant adds stability to the investment, making it an attractive option for savvy investors. Nestled on a quiet street in the heart of Euclid (increasing property values), this property offers a peaceful retreat in a quality city environment. The cozy fireplace in the living room adds charm, creating a welcoming atmosphere for residents (current tenant does not use).The refreshed white kitchen, complemented by a formal dining room, provides a functional and stylish space for meal preparation and entertaining. An unfinished basement offers additional potential for future enhancements or storage needs w/laundry facilities. The tenant expresses a desire to remain, further solidifying the investment's stability and long-term returns. Whether you're just starting your investment journey or looking to expand your portfolio, this home presents an easy and rewarding opportunity. Contact us today to learn more and take the first step towards financial freedom. Please view photos w/ some notice for showings. Proof of funds or preapproval required before showing...contact listing agent directly.

Additional Information

Taxes
$2,012
Property Description
Cape Cod
Heating
Forced Air, Gas
Air Conditioning
Central Air, None
Stories
2
Levels
Two
Roof
Asphalt, Fiberglass
Parking Features
Detached, Garage
Garage Spaces
1
School District
Euclid CSD - 1813

Listing Courtesy of: Christopher A Frederick, thefrederickteam@gmail.com With Coldwell Banker Schmidt Realty

Selling Office: Shoreway Realty Group.

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