5550 Grasmere Avenue, Maple Heights, OH 44137
- $179,000
- 4
- BD
- 1
- BA
- 924
- SqFt
- List Price
- $179,000
- Status
- ACTIVE
- Days on Market
- 146
- Price Change
- ▼ $10,000 1781726149
- MLS#
- 5190367
- Subtype
- Residential
- Style
- Traditional
- Year Built
- 1925
- Bedrooms
- 4
- Bathrooms
- 1
- Full Baths
- 1
- Living Area
- 924
- Acres
- 0.10
- Subdivision
- Mapleboro Park Allotment 02
- Neighborhood
- Mapleboro Park Allotment 02
- MLS Area Major
- Maple Heights
Property Description
ATTENTION INVESTORS & OWNER-OCCUPANTS: HIGH-END CASH COW IN MAPLE HEIGHTS. This fully remodeled single-family home at 5550 Grasmere is a proven performer, last rented at $2,350/mo through EDEN (similar to Section 8) at 100% subsidy with no tenant portion. With the published 2026 FMR for this zip code at $2,508 and the current tenant scheduled to move out in July 30, a new owner can step in and place a fresh tenant at today’s higher rent right away. The home was remodeled with high-end finishes throughout: quartz kitchen with new cabinets, hardware, and stainless steel appliances, brand-new furnace and hot water tank, and a fully tiled bathroom with backlit vanity mirrors. Four large bedrooms (two down, two up) plus a huge, clean, dry basement deliver standout rent-per-square-foot in a strong-rent Maple Heights market, with room to add value by finishing the lower level with two additional bedrooms, buyer to verify). Turnkey, low-maintenance, and ready to cash flow from day one—with optional upside as a future retail flip or owner occupancy. Do not disturb tenant; 48-hour notice typically required for showings after accepted offer.
Additional Information
- Taxes
- $3,603
- Property Description
- Traditional
- Appliances
- Range, Refrigerator
- Heating
- Forced Air, Gas, Gravity
- Air Conditioning
- None
- Stories
- 2
- Levels
- Two
- Roof
- Shingle
- Foundation
- Block
- Parking Features
- Detached, Garage
- Garage Spaces
- 2
- School District
- Maple Heights CSD - 1818
Listing Courtesy of: Scott A Marvin, teamresultsohio@gmail.com With Team Results Realty
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