SoldJun 16, 2025

Listed by Christopher Frederick from Coldwell Banker Schmidt Realty

Bought with Jaime Vidal

Source: MLS Now #5116661

4137 E 59th St, Cleveland, OH, 44105

$53,000

3
1
1747 sq. ft.
0.12 ac.

SingleFam

30+ days on the market

Sold: Jun 16, 2025

What's around 4137 E 59th St

About this property

-Attention All Investors – Foreclosure Opportunity! Don’t miss this rare chance to scoop up a turnkey investment property that's vacant, easy to show, and ready for its next tenant with some cleaning! This solid 3-bedroom Cape Cod sits on a quiet, low-traffic street with a private backyard and has seen several updates over the past 6–7 years. With a little cleanup from the prior tenant that recently moved out, it’s rent-ready and offers strong income potential, with current market rents that are very affordable. Whether you're a seasoned investor or just getting started, this home is an excellent addition to your portfolio. The property features a full basement, a comfortable layout, and prior cosmetic and mechanical updates. It's in a transitioning area with rising values and rents, making it a smart long-term play. Investors have the option to self-manage or continue with professional property management already in place. Financing options available: Cash, hard money, or owner financing with 20% down (approx. 9% interest, 2-year balloon). Please note: No wholesalers. End-user buyers only. Photos show the home’s potential and updates—serious inquiries only. Proof of funds or pre-approval is required for all showings. Don’t wait—schedule your tour today and take advantage of this income-producing opportunity with immediate cash flow!

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