16713 Lotus Drive, Cleveland, OH 44128
- $105,000
- 3
- BD
- 1
- BA
- 987
- SqFt
- List Price
- $105,000
- Status
- PENDING
- Days on Market
- 26
- MLS#
- 5219466
- Subtype
- Residential
- Style
- Cape Cod
- Year Built
- 1949
- Bedrooms
- 3
- Bathrooms
- 1
- Full Baths
- 1
- Living Area
- 987
- Acres
- 0.15
- Subdivision
- Joseph Laronge Cos Courtland
- Neighborhood
- Joseph Laronge Cos Courtland
- MLS Area Major
- Cleveland
Property Description
Cash-flowing single-family rental opportunity in the Lee-Miles area of Cleveland, conveniently located near Shaker Heights, Beachwood, I-480, shopping, parks, and other area amenities. This 3-bedroom, 1-bath Cape Cod is currently rented for $1,135/month to a long-term month-to-month tenant. The property has been well maintained and features hardwood floors, a dimensional shingle roof, a 2023 water heater, and a modern furnace. Furnace age is unknown. The property offers plenty of upside in both rent and future valuation, and the tenant pays all utilities, creating a straightforward rental setup for the next owner. Offered at $105k, this property is priced to reflect its as-is sale and long-term investment potential. Property is tenant-occupied. Please do not disturb the tenant. Showings will be restricted until there is an accepted offer. Available individually or as part of a 3-property package. Photos prior to tenant move in.
Additional Information
- Taxes
- $1,723
- Property Description
- Cape Cod
- Heating
- Forced Air, Gas
- Air Conditioning
- None
- Stories
- 2
- Levels
- One and One Half, Two
- Roof
- Asphalt, Fiberglass
- Parking Features
- No Garage, Paved
- School District
- Cleveland Municipal - 1809
Listing Courtesy of: Michael L Magno, michael@themagnogroup.com With Keller Williams Living
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