


4234 E 111th St, Cleveland, OH, 44105
5beds
1baths
1,380sqft
$130,000
$94price/sqft
$1,293/moest. monthly cost
$51,720/yrincome needed
About This Home
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)
Getting Around
24
40
24
Schools
4/10
3/10
3/10
Construction
Condition
- Property condition: Updated/Remodeled
- Year built: 1918
Materials
- Roof: Shingle
- Construction materials: Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subType: Single Family Residence
Interior
Basement
- Has basement: Yes
- Basement: Unfinished
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 1
- Full bathrooms: 1
Features
- Finished area above ground: 1,380
Heating & Cooling
- Heating features: Forced Air
- Cooling features: None
Interior Area
- Total structure area: 1,380
- Total interior livable area: 1,380 sqft
Property
Details
- Parcel number: 13625023
Features
- Levels: Two
- Stories: 2
Lot
- Lot size: 3,850 sqft
Parking
- Total spaces: 1
- Parking features: Driveway,Garage,Off Street,On Street
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
