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. ** Tenant lease ends in July ** 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: Andrew Winkler
Agent Phone: Cell: (937) 416-9690
Agency Title: M.C. Real Estate
Estimated Payment
$ 470.66 per month $289.32 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 awinkler.mcrealestateohio.com today.