Property
Beds
4
Full Baths
1
1/2 Baths
None
Year Built
1942
Sq.Footage
1,281
Turnkey Investment Opportunity – Tenant in Place! Here’s your chance to become a real estate investor overnight with this fully renovated and tenant-occupied 4-bedroom, 1-bath property offering 1,281 sq ft of income-producing space. The tenant moved in February 2025 on a 12-month lease through February 2026 at $1,255 per month, delivering immediate cash flow. Tenant covers utilities, lawn care, and snow removal, reducing landlord expenses. Recent updates include fresh neutral paint, new central air conditioning, a brand-new hot water tank, updated light fixtures, smoke and CO detectors, a refreshed bathroom, carpet cleaning, furnace maintenance, and professional deep cleaning. Original hardwood floors add durability and long-term appeal, while the full basement provides storage and future value-add potential. System and safety upgrades minimize ongoing maintenance, making this a low-risk, stabilized investment. With a decade of real estate and construction experience, the turnkey provider offers a professional, streamlined process for a seamless transition to your portfolio. Financing is straightforward with 20% down, and professional management is available and willing to stay on, delivering leasing, marketing, tenant communication, maintenance, and rehab support for remote investors. South Euclid is a strong rental market with consistent demand, proven appreciation, and convenient access to downtown Cleveland, University Circle, and major employers such as Cleveland Clinic. Local attractions include Cedar Center North, Mayfield shopping and dining, Euclid Creek Reservation, and Bexley Park, all adding to neighborhood desirability. This is a true turnkey rental with a paying tenant in place, strong market fundamentals, and professional management support—an ideal addition for both new and seasoned investors.
Features & Amenities
Interior
-
Total Bedrooms
4
-
Bathrooms
1
-
Above Grade Finished Area
1281.0
-
Basement YN
YES
-
Cooling YN
NO
-
Cooling
None
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Forced Air
-
Main Level Bedrooms
2
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Parking
Driveway, On Street
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.2296
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
-
Architectural Style
Cape Cod
Price
-
Sales Price
$130,000
-
Tax Amount
2981.0
-
Sq. Footage
1, 281
-
Price/SqFt
$101
HOA
-
Association
NO
School District
-
Elementary School
South Euclid-Lyndhurst - 1829
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Cuyahoga
Elementary School
South Euclid-Lyndhurst - 1829
Middle School
High School
Listing Courtesy of Michael Azzam , RE/MAX Haven Realty
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