Property Description

INVESTOR OPPORTUNITY! Add an income-producing Cleveland rental to your portfolio with a tenant already in place and immediate cash flow from day one. This 3-bedroom, 1-bath Colonial is currently rented at $1,400/month with a lease secured through August 2027 and a $1,400 security deposit transferring to the new owner. Even better, the tenant is responsible for water, sewer, gas and electric, helping keep owner-paid operating expenses low. Several valuable improvements have already been completed, including updated electrical in 2026, all new windows, new kitchen cabinets and countertop, an updated bathroom vanity and toilet, and plumbing improvements. The home also offers a full basement, detached 1-car garage, enclosed porch and fireplace. With an established tenant, long-term lease, tenant-paid utilities and major updates already completed, this property offers an attractive opportunity for investors looking to expand their Cleveland rental portfolio without starting from scratch. Conveniently located near public transportation, shopping, parks, medical services and everyday amenities. Current lease available in supplements.

Property Features

Local Schools