475 E 109th Street, Cleveland, OH 44108

$88,000
3
BD
1
BA

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Sold Price
$88,000
List Price
$83,000
Status
CLOSED
Days on Market
91
Closing Date
Sep 19, 2024
MLS#
5048163
Subtype
Residential
Style
Colonial
Year Built
1912
Bedrooms
3
Bathrooms
1
Full Baths
1
Acres
0.96
MLS Area Major
Cleveland

Property Description

Discover this excellent investment opportunity featuring a charming single-family home located in a quiet and established neighborhood. Currently occupied by a long-term tenant, this property offers stability and immediate rental income for savvy investors. Spacious Layout: Four bedrooms and one bathroom provide ample space for tenants. Vinyl Siding: Low-maintenance exterior ensures durability and aesthetic appeal. Vinyl Windows: Energy-efficient and easy to maintain, enhancing overall efficiency. Long-Term Tenant: Stable rental history with a reliable tenant already in place. Well-Maintained: The property has been cared for and maintained, ensuring minimal upkeep for the new owner. Functional Kitchen: Equipped with essential appliances, providing convenience for tenants. Private Yard: Offers outdoor space for relaxation or potential enhancement. Located in a desirable neighborhood known for its peaceful atmosphere and proximity to schools, parks, and essential amenities. This property appeals to tenants seeking a comfortable living environment within a community-oriented setting. Investment Opportunity: With a long-term tenant already established, this property presents an immediate income stream for investors. Whether you're looking to expand your portfolio or start investing in real estate, this opportunity offers stability and potential for future appreciation. Financial Benefits: The current lease agreement provides reliable monthly income, making this an attractive investment with minimal initial management efforts required. The vinyl siding and windows contribute to reduced maintenance costs, maximizing profitability for the new owner. Don't miss out on this chance to acquire a well-maintained investment property with a stable rental history. Explore the potential of adding this property to your portfolio and benefiting from ongoing rental income. Contact us today to schedule a viewing and secure this promising investment opportunity.

Additional Information

Taxes
$1,750
Property Description
Colonial
Heating
Forced Air, Gas
Air Conditioning
None
Levels
Three Or More
Roof
Asphalt, Fiberglass
Foundation
Block
Parking Features
Detached, Garage, Paved
Garage Spaces
1
School District
Cleveland Municipal - 1809

Listing Courtesy of: Ryan Sackman, ryan.m.sackman@gmail.com With Berkshire Hathaway HomeServices Professional Realty

Selling Office: EXP Realty, LLC..

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