
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
55
50
Schools
4/10
5/10
4/10
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
