Primary listing photo

1322 Shawview Ave, East Cleveland, OH, 44112

4beds
1baths
1,344sqft
$110,000
$82price/sqft
$1,082/moest. monthly cost
$43,280/yrincome needed

About This Home

Excellent investment opportunity! This 4-bedroom, 1-bathroom single-family home is tenant-occupied with a reliable Section 8 tenant, delivering immediate and consistent cash flow. Currently generating $1,398 per month (over $16K per year) in rental income, this property is a strong addition to any investor’s portfolio. This property beats both the 1% Rule and 1-CAP benchmarks. The home offers a spacious layout with four bedrooms, making it highly desirable for long-term tenancy. With a dependable tenant already in place and steady income from day one, this is a turnkey, hassle-free investment! Can be sold as a package deal. (5200289), (5200280), (5200294)

Getting Around

55
WalkingSomewhat Walkable
55
TransitGood Transit
50
BikeBikeable

Schools

4/10
5/10
Heritage Middle SchoolGrades 6-80.9 mi
4/10
Shaw High SchoolGrades 9-120.4 mi

Construction

Condition

  • Property condition: Fixer,Updated/Remodeled
  • Year built: 1922

Materials

  • Roof: Shingle
  • Construction materials: Aluminum Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cape Cod
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bedrooms: 1

Features

  • Finished area above ground: 1,344

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: None

Interior Area

  • Total structure area: 1,344
  • Total interior livable area: 1,344 sqft

Property

Details

  • Parcel number: 67121016

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 4,373 sqft

Parking

  • Parking features: Off Street,On Street