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BEDS5
BATHS1 full
SQUARE FEET1,380
MLS#5200289
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONQuiyley Estate
SCHOOLCleveland Municipal - 1809
Property Description
Great investment opportunity with over $20K per year in rents! This well-maintained single-family home is tenant-occupied with a reliable Section 8 tenant in place, providing immediate and consistent cash flow. Currently renting for $1,708 per month, this property is perfect for investors seeking a turnkey addition to their portfolio. This property easily beats the 1% Rule and 10-Cap benchmarks. Updated throughout and consistently maintained, this home offers a smooth, hands-off investment experience. With a dependable tenant already in place, you can enjoy steady income without the usual startup work. Can be sold as a package deal! (5200280), (5200292), (5200294)
Property Features
Property Type: Residential - Single Family
Basement: Unfinished
Basement: Yes
Cooling: None
Garage: 1
Heating: Forced Air
Home Style: Colonial
Lot Size: 0.09 Acres
Roof Type: Shingle
Stories: 2.0
Taxes: $1,100 / year
Year Built: 1918
Feature Descriptions
Days on Site: 8
Exterior: Vinyl Siding
Parcel#: 136-25-023
Parking: Driveway, Garage, Off Street, On Street
Sewer: Public Sewer
Water: Public
Local Schools
School District: Cleveland Municipal - 1809
Listed By / Shown By
Listed By
Agency Name: Premier Heights Realty LLC
Agency Contact: 216-860-0005, sophie@premierheights.com
Shown By
Agent Name: Jenna Fitch
Agent Phone: (567) 246-3020
Agency Title: Key Realty
Estimate Your Payment
Estimated Payment
$ 856.77 per month $727.18 Principal & Interest $91.67 Property Tax $37.92 Homeowner's InsuranceChange Payment Information
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4234 E 111th Street | MLS# 5200289
This single family home located at 4234 E 111th Street, Cleveland, OH 44105 is currently listed for sale with an asking price of $130,000. This property was built in 1918 and has 5 bedrooms and 1 full baths with 1380 sq. ft. E 111th Street is located in the Quiyley Estate subdivision within the Cleveland Municipal - 1809 school district. Search Quiyley Estate real estate on www.thefitchgroupofkeyrealty.com today.