Income-producing 4-bedroom brick bungalow offered at $145,000 with long-term CMHA tenant paying $1,450/month ($17,400 annually). Owner pays water/sewer (approx. $190/month). Annual taxes $1,130. Approximate 9.6% cap rate based on current performance (before additional operating expenses). Recent improvements include whole-house surge protector, bathroom fan ventilation installed by licensed electrician, frost-free exterior faucet, new dishwasher (2025), new washer & dryer (2025), new kitchen faucet, recently serviced HVAC, granite countertops, and restored hardwood floors. Strong cash flow, low taxes, and solid updates make this a turnkey addition to any investment portfolio. NO SELLER FINANCING.
Listed By
Agency Name: Berkshire Hathaway HomeServices Professional Realty
Agency Contact: shakerheightsrealtor@gmail.com, 503-806-6517
Shown By
Agency Title: Key Realty
Agency Phone: 877-539-7589
Estimated Payment
$ 996.80 per month $811.09 Principal & Interest $143.42 Property Tax $42.29 Homeowner's InsuranceIf you're searching for your next home, or just curious about the market there is no better tool to help you quickly find homes that meet your needs and wants.
16301 Cloverside Avenue | MLS# 5190302
This single family home located at 16301 Cloverside Avenue, Cleveland, OH 44128 is currently listed for sale with an asking price of $145,000. This property was built in 1945 and has 4 bedrooms and 1 full and 1 partial baths with 1248 sq. ft. Cloverside Avenue is located in the Helper-Hart Companys Lee Harv subdivision within the Cleveland Municipal - 1809 school district. Search Helper-Hart Companys Lee Harv real estate on www.ikeyrealty.com today.