ATTENTION INVESTORS! Quality, updated, lead-certified (city compliant) rental in a desirable, investor-friendly area?perfect for your first investment or to add to your portfolio. Magnificent home is tenant-occupied with a reliable renter paying $1,500 per month, tenant pays all utilities, currently on a month-to-month lease. Fabulous tenant has been in place since 2023 & would like to remain, offering immediate income. Property has been extensively updated, providing a true turnkey opportunity. lead certificate (submitted 2/18/2026)/Cleveland rental registration will be provided prior to closing for peace of mind/compliance. Major improvements include a roof (2016), new furnace, hot water tank, and central air (06/2023), and a new electrical panel (2023). Interior highlights include professionally refinished original hardwood floors (2023), a beautifully updated kitchen with granite countertops and stainless steel appliances, and a remodeled bathroom (2023). Basement is partially finished, professionally waterproofed with warranty through Ohio State Waterproofing (lifetime warranty), offering additional usable space and long-term protection. Exterior features include a newer driveway (2023), detached 2-car garage, well-maintained overall structure. Strong rental income, quality tenant, extensive updates, full compliance make this a dependable, low-maintenance investment opportunity. Do not disturb tenant. Showings after accepted offer only. No wholesalers. Qualified buyers only.
Listed By
Agency Name: Coldwell Banker Schmidt Realty
Agency Contact: thefrederickteam@gmail.com, 216-210-7653
Shown By
Agency Title: DeHOFF REALTORS
Agency Phone: 330-499-8153
Estimated Payment
$ 948.69 per month $684.73 Principal & Interest $218.75 Property Tax $45.21 Homeowner's Insurance
16908 Throckley Avenue | MLS# 5194963
This single family home located at 16908 Throckley Avenue , Cleveland, OH 44128 is currently listed for sale with an asking price of $155,000. This property was built in 1952 and has 3 bedrooms and 1 full baths with 2031 sq. ft. Throckley Avenue is located in the S H Kleinman Realty Cos Shake subdivision within the Cleveland Municipal - 1809 school district. Search S H Kleinman Realty Cos Shake real estate on www.dehoff.com today.