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$34,900

This property is a two-story Colonial-style single-family residence built in 1924 with frame exterior walls and average-quality construction. While the home would benefit from repairs, cosmetic updates, and modernization, it offers a solid opportunity for renovation and customization. It features a gable roof with asphalt shingles, forced-air heating, no central air conditioning, an unfinished attic, and a full unfinished basement totaling 572 square feet. The residence contains 1,144 square feet of total living area, including 572 square feet on the first floor and 572 square feet on the second floor, with six rooms, three bedrooms, and one full bathroom. Additional improvements include a detached one-car garage built in 1962 with 308 square feet of space and a 160-square-foot open porch, providing added utility and outdoor living potential.

3 Beds ⋅ 1 Baths ⋅ 5222530 MLS

895 E 130th Street, Cleveland

Listing Courtesy of: Lydia M Pope, lydiapope88@gmail.com With E & D Realty & Investment Co.

$89,900

Fully renovated Cleveland investment property offering immediate cash flow, long-term tenant stability, and an estimated 11% cap rate. This tenant-occupied single-family rental is leased at $1,200/month, with the tenant responsible for gas, electric, water, sewer, and trash. Key capital improvements have already been completed, including a newer furnace and water heater, helping limit near-term maintenance concerns. With updated finishes, reliable rental income, and a lease already in place, this property is a strong fit for investors seeking a cash-flowing Cleveland rental, turnkey single-family investment, or portfolio addition in the 44108 market. Convenient access to major highways, shopping, schools, and local amenities supports long-term rental demand. Professional property management resources are available for remote investors, including leasing coordination, marketing support, tenant communication, maintenance, and repair resources. For buyers looking to grow their Cleveland rental portfolio or acquire an income-producing asset with cash flow already in place, this property is positioned to offer a more streamlined ownership experience for out-of-state investors. Financials and lease available upon request. Schedule your showing today.

3 Beds ⋅ 1 Baths ⋅ 5212178 MLS

990 E 129th Street, Cleveland

Listing Courtesy of: Kim Lewis, kim.lewis@heqrealty.com With Home Equity Realty Group