Average square foot calculated using Size range provided by listing agent.
Description
Turnkey cash flow in red-hot Garfield Heights (44125)! This charming three-bedroom, one-bath home is currently rented at $1, 300/month on a flexible month-to-month lease, with strong pro forma upside to $1, 700+ as values in the area continue to climb. The tenant covers all utilities, landscaping, and snow removal keeping operating costs low and returns high. You're stepping into a solid 7% cap rate today, with a clear runway to 10%+ ROI with a simple rent adjustment or lease update. Inside, the property shines with hardwood and vinyl plank flooring, newer carpet upstairs, central air, a solid roof, and a partially finished basement ready for entertaining. A smart, hassle-free investment in one of Cleveland’s most in-demand neighborhoods, act fast! POS has been ordered and will need to be assumed by the buyer.Show Description
MLS® Number5143469
Laundry LevelIn Basement
Central VacNo
FireplaceNo
Acreage0.106
Exterior
GarageYes
Approx. Age1943
BasementFull, Partially Finished
DrivewayDetached, Garage, Paved
Garage Spaces
HeatForced Air, Gas
A/CCentral Air
Heating Fuel
Extras
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