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Key Facts

Type Single Family Residence
Levels Residential
Size  sqft
Garage No
Taxes $749
Days Active 0
Lot Size 
Approx. Age 1905
MLS® Number 5124748

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

High-Yield Investment Opportunity in North Collinwood! This well-maintained 3-bedroom, 1-bath home in Cleveland’s North Collinwood neighborhood is a turnkey investment, currently generating $1, 377/month in rent—guaranteed and paid directly by CMHA (Cuyahoga Metropolitan Housing Authority). Tenants are secured with a lease through April 2026, transitioning to month-to-month afterward, offering ongoing, stable cash flow. With low monthly expenses—property taxes at $62.60, insurance at $52, and water at $43—the estimated net monthly income is $1, 282. That translates to an impressive annual net income of approximately $15, 028.80. Offered at just $85, 000, this property delivers a strong 17.7% ROI in one of Cleveland’s consistent rental markets. Don't miss this chance to add a solid performer to your portfolio—schedule your showing today!Show Description
MLS® Number5124748
Laundry Level
Central VacNo
FireplaceNo
Acreage0.1527
Exterior
GarageNo
Approx. Age1905
BasementFull, Unfinished
DrivewayOn Street
Garage Spaces
HeatForced Air
A/CNone
Heating Fuel

Extras

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