7207 Otis Court, Cleveland, OH 44104

$111,999
3
BD
2
BA
1,476
SqFt

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List Price
$111,999
Status
ACTIVE
MLS#
5252684
Bedrooms
3
Bathrooms
2
Full Baths
1
Half Baths
1
Living Area
1,476
Year Built
1977

Property Description

Looking to grow your real estate portfolio or find a place to call home? This nicely updated 3-bedroom, 1.5-bath townhome in Cleveland, Ohio 44104 offers versatility and income potential! Currently tenant-occupied on a month-to-month lease, the property generates $950 per month in rental income, with the tenant responsible for all utilities. Enjoy the potential for $11,400 in annual gross rental income, making this an attractive addition to an investment portfolio. The property also features a low monthly maintenance fee, helping keep ongoing ownership costs in mind. Prefer to make it your own? This property may also present an opportunity for an owner-occupant, subject to applicable tenant notice requirements and occupancy considerations. Two designated parking spaces add convenience, while the location offers easy access to Downtown Cleveland, public transportation, shopping, and local amenities. Whether you're a seasoned investor, expanding your rental portfolio, or searching for your next home, this is an opportunity to explore!

Additional Information

Area
Cleveland
Exterior Features
Lighting, Private Entrance
School District
Cleveland Municipal - 1809

Listing Courtesy of: Brandi Peyatt, mbrandi001@gmail.com With Russell Real Estate Services

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