7812 Elton Avenue, Cleveland, OH 44102
- $143,000
- 4
- BD
- 2
- BA
- 1,604
- SqFt
- Sold Price
- $143,000
- List Price
- $149,999
- Status
- CLOSED
- Days on Market
- 79
- Closing Date
- Oct 01, 2025
- MLS#
- 5139618
- Subtype
- Residential Income
- Year Built
- 1890
- Bedrooms
- 4
- Bathrooms
- 2
- Full Baths
- 2
- Living Area
- 1,604
- Acres
- 0.10
- Subdivision
- James M Hoyts Sub/Part/Origin
- Neighborhood
- James M Hoyts Sub/Part/Origin
- MLS Area Major
- Cleveland
Property Description
***Open house Sunday, July 27, from 12-2pm*** Are you looking for your next investment property? This one checks all the boxes! Just down the street from the hottest part of Detroit Shoreway and Battery Park. Fully occupied with guaranteed govt income coming in every month. Both tenants are part of the Cleveland Housing Network Program, and the city pays 100% of each tenants' $1,270 rent each month (owner pays all utilities). Thats $2,540 of guaranteed income every month. PITI would be right around $1,000 per month so this would cashflow close to $1,500 per month (excluding utilities, cap ex, vacancy, PM)! Recently rehabbed with updates including new exterior paint job, new LVP flooring, new countertops and sinks, so nothing to do but collect your rent checks every month. There aren't many investments out there like this one.
Additional Information
- Taxes
- $1,843
- Heating
- Baseboard, Forced Air
- Air Conditioning
- None
- Levels
- Three Or More
- Roof
- Asphalt
- Parking Features
- Garage
- Garage Spaces
- 3
- School District
- Cleveland Municipal - 1809
Listing Courtesy of: Ian Grame, iangrameREALTOR@gmail.com With Key Realty
Selling Office: Keller Williams Living.Mortgage Calculator
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