Property
Beds
3
Full Baths
2
1/2 Baths
None
Year Built
1956
Sq.Footage
1,753
For an investor, the best opportunity may be the one that is already working. This turnkey Garfield Heights investment property comes with a tenant in place, a current lease through June 30, 2027, and rent of $1,750 per month, providing $21,000 in scheduled annual gross rent at the current rate. Instead of purchasing a vacant property and immediately searching for a tenant, you can step into an occupied investment with rental income already established. Behind the numbers is a substantial home offering 1,753 square feet of finished living space, three bedrooms, two full baths, central air, a basement, and a detached two-car garage. The kitchen includes a refrigerator, range, and dishwasher, while the basement provides valuable storage and utility space. The garage adds covered off-street parking and even more storage, features that contribute to the home's long-term rental appeal. The location adds another advantage, with convenient access to I-480 and I-77 for connections throughout Greater Cleveland, plus shopping, dining, everyday necessities, and Garfield Park Reservation nearby. There is no need to imagine what this property could be as a rental. It already is one. Run your numbers, review the lease, and take a closer look at a turnkey investment where the income story has already begun. Recent updates include basement waterproofing, a new sump pump added, new basement carpet & hot water heater last year - over $25k in updates.
Features & Amenities
Interior
-
Total Bedrooms
3
-
Bathrooms
2
-
Above Grade Finished Area
1169.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Central Air
-
Fireplace YN
YES
-
Heating YN
YES
-
Heating
Natural Gas, Forced Air
-
Main Level Bedrooms
3
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
2
-
Construction Materials
Brick
-
Parking
Detached, Garage, Garage Door Opener, Paved
-
Patio and Porch Features
Porch
-
Pool
Yes
-
Pool Features
Community
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.13
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
-
Architectural Style
Ranch
Price
-
Sales Price
$190,000
-
Tax Amount
$3,758
-
Sq. Footage
1,753
-
Price/SqFt
$108
HOA
-
Association
No
School District
-
Elementary School
Garfield Heights CSD - 1815
-
Middle School
Garfield Heights CSD - 1815
-
High School
Garfield Heights CSD - 1815
Property Features
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Cuyahoga
Elementary School
Garfield Heights CSD - 1815
Middle School
Garfield Heights CSD - 1815
High School
Garfield Heights CSD - 1815
Listing Courtesy of Rich Ganim , Real of Ohio
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Agent / RealtorĀ®
Carla Ponikvar
Call Carla today to schedule a private showing.
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