892 East 139th Place

Cleveland OH 44110

1474 sq. ft.

0.12 ac.

Single-Family

Currently for sale - view listing

Overview

**INVESTOR OPPORTUNITY!** Priced at just **$99,000**, this 4-bedroom, 2-bath Cape Cod offers an attractive opportunity for investors seeking strong rental potential. Featuring two bedrooms on the main level, two additional bedrooms upstairs, a newer roof, brand newer stove and refrigerator, and a basement with laundry and a finished area perfect for entertaining or additional recreational space, the property provides a solid foundation for a rental property. With projected market rent of approximately $1,500/month ($18,000 annually), the property offers an impressive 18.2% gross rent-to-price ratio before expenses, vacancy and management. Conveniently located near Waterloo Road and E. 140th Street, this affordable Cleveland investment is worth a closer look for investors seeking rental income and long-term upside. Also a great opportunity for buyers looking for an affordable home with four bedrooms and room to make it their own. **Buyer to perform all due diligence regarding property condition, renovation costs and achievable rental income.**

Features

4 bedrooms

2 bathrooms

1474 sq. ft. floor area

0.12 ac. lot size

Single-Family

Property history for 892 East 139th Place

2015

Sold

$13,000

29 Jun 2015 by Shane Reid, of Century 21 HomeStar

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