$60,000

3569 Independence Road, Cleveland, OH 44105

  • 3 beds |
  • 1 bath |
  • 1,291 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon4,948sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $46/sqft
  • Property List Date Icon Listed 21 days ago

Property Description

Attention Cleveland area investors! Cash flow and upside! A dangerous combination. 3569 Independence Rd in Cleveland's North Broadway neighborhood offers a stable entry level investment. Currently tenant occupied at $800/month for over 5 years, this property offers immediate cash flow. The property has Cleveland's required rental registration, and lead-safe certificate. Locally managed, an opportunity exists for a streamlined transition. With month to month tenancy, this leaves you with ultimate flexibility. With property values in the area approaching $100k or more, there is significant upside when you decide to update the property to market. With Fair Market Rents in the area between $1200-$1400, the potential cash flow is OUTRAGEOUS. Priced to sell quickly, we are strictly selling as-is. Plenty of meat on the bone here for you. Seller financing is available for a higher price, EMAIL ONLY for terms. Do not text. DO NOT DISTURB THE CURRENT TENANTS, NO SHOWINGS WITHOUT AN ACCEPTED OFFER, NO WHOLESALERS, NO CONTRACT ASSIGNMENTS, END BUYERS ONLY.

Listing Status:
Active
Listing Office:
Keller Williams Living : 440-318-1620
Listing Agent:
Michael L Magno : 216-236-8849
MLS ID:
5163328
  • Basement: Unfinished
  • A/C: NoneWall/Window Unit(s)
  • Heating: Forced Air
  • Fireplace: Fireplaces: 0
  • Style: Colonial
  • Parking: Concrete
  • Roofing: Asphalt
  • General: Vinyl Siding2
  • Originating MLS: NOWDD_NORM
  • School District: Cleveland Municipal - 1809
  • County: Cuyahoga
  • Zoning: 287 SCHMITT 0078 NWP131-30-003
  • Water: Public
  • Sewer: Public Sewer
  • Source: NOWDD_NORM

This listing courtesy of Michael L Magno, Keller Williams Living

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Mound School

5935 Ackley Rd, Cleveland, OH, 44105

Grades PK-8

0.70 miles away

M

Mound School

5935 Ackley Rd, Cleveland, OH, 44105

Grades PK-8

0.70 miles away

L

Lincoln West School of Global Studies

3202 W 30th St, Cleveland, OH, 44109

Grades 9-12

2.17 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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