5637 Flowerdale AVE new Save Request In-Person Tour Request Virtual Tour
Cleveland,OH 44144
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 696 sqft
Price per Sqft $150
Subdivision Pearl Ridge
MLS Listing ID 5155161
Style Ranch
Bedrooms 2
Full Baths 1
HOA Y/N No
Abv Grd Liv Area 696
Year Built 1953
Annual Tax Amount $2,169
Tax Year 2024
Lot Size 3,606 Sqft
Acres 0.0828
Property Sub-Type Single Family Residence
Stories One
Story One
Property Description
INVESTOR OPPORTUNITY: Bedrooms/Bathrooms: 2 bed, 1 bath, 2 Car Detached Garage, Tenant occupied month-to-month, providing immediate cash flow. Tenant pays $800/month plus utilities, with potential for rent increase. The water heater is only ~1 year old, windows have been replaced, and water and sewer lines were replaced ~5 years ago. All appliances are included in the sale. The furnace is approximately 10 years old, and the air conditioning coil is already in place for easy central AC installation. The roof is approximately 10 years old. Situated in Cleveland's Old Brooklyn neighborhood, this property offers superb access to both retail and transportation hubs, making it attractive to tenants. With a long-term, month-to-month tenant in place, this property offers immediate, passive rental income. The area shows strong demand for rentals, providing an opportunity for rental increases upon turnover or renewal. While the property has several recent updates, there is opportunity for cosmetic enhancements to maximize rental income.
Location
State OH
County Cuyahoga
Rooms
Main Level Bedrooms 2
Interior
Heating Forced Air
Cooling None
Fireplace No
Exterior
Parking Features Driveway,Garage
Garage Spaces 2.0
Garage Description 2.0
Water Access Desc Public
Roof Type Asphalt
Private Pool No
Building
Story 1
Sewer Public Sewer
Water Public
Architectural Style Ranch
Level or Stories One
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 012-21-093
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional