1322 Shawview Avenue, East Cleveland, OH 44112
- $90,000
- 4
- BD
- 1
- BA
- 1,344
- SqFt
- List Price
- $90,000
- Status
- ACTIVE
- Days on Market
- 111
- Price Change
- ▼ $5,000 1784767826
- MLS#
- 5200292
- Subtype
- Residential
- Style
- Cape Cod
- Year Built
- 1922
- Bedrooms
- 4
- Bathrooms
- 1
- Full Baths
- 1
- Living Area
- 1,344
- Acres
- 0.10
- Subdivision
- Shaw View Allotment
- Neighborhood
- Shaw View Allotment
- MLS Area Major
- East Cleveland
Property Description
Excellent investment opportunity! This 4-bedroom, 1-bathroom single-family home is tenant-occupied with a reliable Section 8 tenant, delivering immediate and consistent cash flow. Currently generating $1,398 per month (over $16K per year) in rental income, this property is a strong addition to any investor’s portfolio. This property beats both the 1% Rule and 1-CAP benchmarks. The home offers a spacious layout with four bedrooms, making it highly desirable for long-term tenancy. With a dependable tenant already in place and steady income from day one, this is a turnkey, hassle-free investment! Can be sold as a package deal. (5200289), (5200280), (5200294)
Additional Information
- Taxes
- $919
- Property Description
- Cape Cod
- Heating
- Forced Air
- Air Conditioning
- None
- Stories
- 2
- Levels
- Two
- Roof
- Shingle
- Parking Features
- Off Street, On Street
- School District
- East Cleveland CSD - 1812
Listing Courtesy of: Jullian Vaughn, jullian@premierheights.com With Premier Heights Realty LLC
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