Property
Beds
1
Full Baths
1
1/2 Baths
None
Year Built
1964
Sq.Footage
646
Excellent investment opportunity! This tenant-occupied one-bedroom, one-bath condominium is located in a well-maintained two-story building within the desirable Northwoods Condominium community and offers immediate rental income with a long-term, reliable tenant paying $1,050 per month. The current lease extends through January 2027, providing stable cash flow from day one. The unit features a spacious living and dining area, a generously sized bedroom with ample closet space, a functional kitchen with plenty of cabinet storage, and a private balcony perfect for enjoying your morning coffee or relaxing outdoors. All kitchen appliances are included, including the electric range, refrigerator, and microwave, making this a truly turnkey investment. The community offers low-maintenance living with amenities including a swimming pool, playground, party room, and beautifully maintained grounds. Monthly maintenance includes heat, water, sewer, and exterior maintenance, adding exceptional value for investors. Ideally located just minutes from Great Northern Mall, North Olmsted Recreation Center, Rocky River Reservation and the Metroparks, Cleveland Hopkins International Airport, and an abundance of shopping, dining, and entertainment. Enjoy quick access to I-480, I-90, and the Ohio Turnpike (I-80), making travel throughout Northeast Ohio easy and convenient. Whether you're looking to expand your investment portfolio or purchase a low-maintenance, income-producing property, this condo is an outstanding opportunity with dependable rental income already in place.
Features & Amenities
Interior
-
Total Bedrooms
1
-
Bathrooms
1
-
Above Grade Finished Area
646.0
-
Basement YN
NO
-
Cooling YN
YES
-
Cooling
Wall Unit(s)
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Baseboard, Other
-
Main Level Bedrooms
1
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Parking
Assigned
-
Pool
Yes
-
Pool Features
In Ground, Community, Private
-
Waterfront YN
NO
Area & Lot
-
Property Type
Residential
-
Property Sub Type
Condominium
Price
-
Sales Price
$84,900
-
Tax Amount
$1,041
-
Sq. Footage
646
-
Price/SqFt
$131
HOA
-
Association
Yes
-
Association Fee
$338.43
-
Association Fee Frequency
Monthly
-
Association Fee Includes
N/A
School District
-
Elementary School
North Olmsted CSD - 1820
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
Sewer
None
-
Water Source
Public
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Location
County
Cuyahoga
Elementary School
North Olmsted CSD - 1820
Middle School
High School
Listing Courtesy of Noureddine Chehade , EXP Realty, LLC.
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Agent / RealtorĀ®
Carla Ponikvar
Call Carla today to schedule a private showing.
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