16902 Lotus Drive, Cleveland, OH 44128

$136,500
3
BD
1
BA
1,170
SqFt

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Sold Price
$136,500
List Price
$139,900
Status
CLOSED
Days on Market
64
Closing Date
Nov 26, 2025
MLS#
5159043
Subtype
Residential
Style
Bungalow
Year Built
1947
Bedrooms
3
Bathrooms
1
Full Baths
1
Living Area
1,170
Acres
0.15
Subdivision
Courtland Heights
Neighborhood
Courtland Heights
MLS Area Major
Cleveland

Property Description

Here’s your opportunity to become a real estate investor overnight! Step right into a hands-off investment with guaranteed income from day one! This fully updated bungalow in Cleveland offers 3 bedrooms, 1 bathroom, and 987 sq ft of modernized living space. Currently leased at $1,300/month through 05/31/2026, it provides stable, long-term cash flow with a tenant already in place! Inside, enjoy fresh paint throughout, vinyl windows, and a bright layout with new luxury vinyl plank flooring! The kitchen shines with brand-new cabinetry, granite countertops, and modern finishes! The bathroom has been completely updated with a tiled tub surround, new vanity, new fixtures, and new toilets! Upstairs, you’ll find newly carpeted bedrooms, while the finished basement with LVP flooring offers extra living or storage space! Major updates include a new hot water tank, furnace, updated electrical panel, and central air conditioning, giving you comfort and peace of mind for years to come! Located in Cleveland, Ohio, this property is surrounded by residential charm with the convenience of nearby schools, local businesses, and a variety of parks and green spaces perfect for outdoor activities! Plus, quick highway access makes commuting to downtown Cleveland a breeze! Professional management is in place and willing to stay on! Full-service management includes dedicated departments for leasing, marketing, and tenant communication. Plus, rehab and construction services are available for remote investors, making this a truly hands-off investment! Don’t miss out on this cash-flowing opportunity – reach out to learn more!

Additional Information

Taxes
$1,624
Property Description
Bungalow
Appliances
Dishwasher, Range, Refrigerator
Heating
Forced Air
Air Conditioning
Central Air
Stories
2
Levels
Two
Roof
Asphalt, Shingle
Parking Features
Detached, Garage
Garage Spaces
1
School District
Cleveland Municipal - 1809

Listing Courtesy of: Michael Azzam, mike@theazzamgroup.com With RE/MAX Haven Realty

Selling Office: RE/MAX Haven Realty.

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