Investor Opportunity Turnkey Cash Flow Income-producing 4-bedroom brick bungalow with long-term CMHA tenant paying $1,450/month ($17,400 annually). Offered at $130,000 with approx. 10.8% cap rate based on current performance (before additional operating expenses). Owner pays water/sewer approx. $190/month. Annual taxes $1,130. Recent improvements include granite countertops, restored hardwood floors, whole-house surge protector, licensed electrician-installed bath fan ventilation, frost-free exterior faucet, new dishwasher (2025), new washer & dryer (2025), new kitchen faucet, and recently serviced HVAC. Stable income in place?add to your portfolio or start cash flowing on day one. Strong cash flow, low taxes, and solid updates make this a turnkey addition to any investment portfolio. ***SELLERS TO PAY TITLE CLOSING COSTS FOR BUYER WITH FULL PRICE OFFER *** NO SELLER FINANCING.
Listed By
Agency Name: Berkshire Hathaway HomeServices Professional Realty
Agency Contact: shakerheightsrealtor@gmail.com, 503-806-6517
Shown By
Agent Name: Lydia Walls
Agent Phone: (937) 935-5597
Agency Title: Key Realty
Estimated Payment
$ 908.52 per month $727.18 Principal & Interest $143.42 Property Tax $37.92 Homeowner's Insurance
16301 Cloverside Avenue | MLS# 5190302
This single family home located at 16301 Cloverside Avenue, Cleveland, OH 44128 is currently listed for sale with an asking price of $130,000. This property was built in 1945 and has 4 bedrooms and 1 full and 1 partial baths with 1248 sq. ft. Cloverside Avenue is located in the Helper-Hart Companys Lee Harv subdivision within the Cleveland Municipal - 1809 school district. Search Helper-Hart Companys Lee Harv real estate on www.lydiawalls.com today.