1639 Delmont Avenue, Cleveland, OH 44112

Property Description

NEW REDUCED PRICE! ATTENTION INVESTORS! Turnkey, nicely remodeled vinyl-sided Colonial offering immediate rental income with a quality tenant in place paying $1,325 per month ($15,900 annually) on a month-to-month lease. Tenant would like to remain, providing an excellent opportunity for investors seeking immediate cash flow with added flexibility. Situated on a quiet street with a vacant lot on one side, this property offers added privacy in an area experiencing ongoing redevelopment and investment activity. Nearby projects include the Euclid Superior Adult Activity Center, Circle East development, Mickey Building redevelopment, and continued neighborhood improvements. This charming home has been thoughtfully updated with numerous valuable improvements, including a newer roof (believed to be 2023), new vinyl siding, updated electrical, newer plumbing, and a newer furnace and hot water tank (2021). Interior features include beautiful hardwood flooring, a charming fireplace, and attractive bay windows in both the living room and primary bedroom, creating bright and inviting living spaces. The nicely updated kitchen features newer cabinetry, while the bathroom has been tastefully refreshed. Additional improvements include some newer windows (some wood windows remain) and updated doors. With many major improvements already completed, an established tenant, and immediate income-producing potential, this property presents an excellent opportunity to expand your investment portfolio without the hassle of finding a new renter. Don't miss this opportunity to acquire an updated, income-producing property at a newly reduced price! Tenant occupied. No showings until an accepted offer. Please do not disturb tenant. No wholesalers, contract assignments, or owner financing. Property is part of a larger investment portfolio and may be purchased individually or as part of a bulk portfolio purchase. Buyer to assume POS.