Listed By
Agency Name: Coldwell Banker Schmidt Realty
Agency Phone: 440-327-2123
Shown By
Agent Name: Cheryl Doolan
Agent Phone: (330) 207-7521
Agency Title: Cutler Real Estate
Contact Cheryl Doolan About This Property
Property Description
ATTENTION INVESTORS! Turnkey Section 8 rental with quality tenant in place paying $1,317 per month who wishes to remainâ??providing immediate, stable cash flow from day one. Charming & updated Cape Cod features an inviting front porch and a bright, natural light-filled main floor with two bedrooms and a full bath. Beautifully remodeled kitchen includes granite countertops & all newer appliances. Second floor offers a spacious third bedroom with a convenient half bath. Property sits on an easy-to-maintain, large fully fenced yard w/plenty of shadeâ??ideal for tenant enjoyment & long-term retention. Prime located just minutes from the Opportunity Corridor and situated on a street with many newer homes, this location continues to see strong rental demand and growth. Major updates completed in 2022 provide peace of mind and low maintenance, including roof, electrical, plumbing, paint, interior and exterior doors, bathrooms, tankless hot water tank, furnace, central air, siding, and all kitchen appliances. Strong income, updated condition, plus desirable rental location make this a solid addition to any investment portfolio. Do not disturb tenant. Very limited showings until accepted offer. No wholesalers. No owner financing. Serious, qualified investors only.
Property Features
Property Type: Residential - Single Family
Basement: Partial, Unfinished
Basement: Yes
Cooling: Central Air
Days on Market: 58
Heating: Forced Air, Gas
Home Style: Bungalow, Cape Cod
Lot Size: 0.08 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $408 / year
Year Built: 1900
Feature Descriptions
Exterior: Vinyl Siding
Fencing: Chain Link, Full
Parcel#: 124-26-021
Parking: No Garage, None
Parking Notes: No Garage, None
Patio/Porch: Porch
Sewer: Public Sewer
View: City
Water: Public
Local Schools
School District: Cleveland Municipal - 1809
Market Trends
Cuyahoga County Residential Market Trend Graphs- Zip Code 44104
Source: Delta Media Group, Inc.
Demographics
Cuyahoga County Demographic Information forFips
Fips Code 39035
Population
2020 to 2025 Change down 2.5%
2010 Count 1,280,122
2020 Count 1,264,817
2025 Estimate (V2025) 1,232,925
2020 Estimate (V2025) 1,264,775
Age Distribution (Years Old)
0 to 4 5.2%
5 to 17 20.1%
18 to 64 54.2%
65 and Older 20.5%
Gender
Male 48.0%
Female 52.0%
Place of Birth
Foreign 7.7%
US 92.3%
Education
High School Graduate, Age 25+ 91.5%
Bachelor's Degree or Higher, Age 25+ 36.5%
Computer and Internet use
Households with a computer 94.0%
Households with a broadband Internet subscription 89.5%
Language
English is Second Language, Age 5+ 12.3%
English is First Language, Age 5+ 87.7%
Veterans
Veterans 54,264
Income
Per Capita Income $42,747
Median Household Income $64,468
People in Poverty 14.9%
Commute
Average Work Commute Time 24 minutes
Housing
Total Housing Units 615,116
Households 554,551
Average Household Size 2.20
Owner-Occupied 59.4%
Multi-Family 34.9%
Owner-Occupied Median Value $195,400
Median selected monthly owner costs -with a mortgage $1,570
Median selected monthly owner costs -without a mortgage $671
Median gross rent $1,060
Building Permits
New Private Housing Issued 2024 1,685
Years at Residence
1 Year or More 86.7%
Less Than 1 Year 13.3%
Business and Employment
Private non-farm Establishments 31,496
Private non-farm Employment 681,543
Private non-farm Employment Growth up 0.7%
Nonemployer Establishments 110,977
Number of Firms 23,160
Business Production
Value of Shipments $23,225,392,000
Wholesale Trade $24,854,217,000
Retail Trade $16,920,714,000
Retail Sales Per Capita $11,914
Accommodation and Food Services $3,332,698,000
Land
Land Area 457.19 sq. miles
Population Per Square Mile 2,800
Source: US Census Bureau
Estimate Your Payment
Estimated Payment
$ 611.76 per month $546.41 Principal & Interest $34.00 Property Tax $31.35 Homeowner's InsuranceChange Payment Information
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