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1169 Melbourne Road, East Cleveland, OH 44112 Photo
1169 Melbourne Road East Cleveland, OH 44112
$130,000
Active / MLS# 5227133 / Residential - Single Family / East Cleveland
4 Beds
1 Bath
2072 SqFt

Investor Opportunity Turnkey Rental with Long-Term Tenant in Place! Don't miss this income-producing investment property featuring a long-term Section 8 tenant who would like to remain, providing immediate rental income from day one. The property currently generates $12,504 in annual rental income, making it an attractive addition to any investment portfolio. This spacious Front Porch Colonial offers 4 bedrooms and 1 full bath with a classic layout that includes a welcoming living room with a fireplace, a formal dining room featuring built-in cabinetry, and an eat-in kitchen. Brand-new carpeting has been installed throughout, giving the interior a fresh, updated feel. Major mechanical and infrastructure updates include a furnace (2016), hot water tank (2020), newer electrical, and a waterproofed basement, helping reduce future maintenance concerns. Whether you're looking to expand your rental portfolio or purchase a stable, income-producing property, this home offers immediate cash flow with a reliable long-term tenant already in place.

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Mortgage Calculator

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(Payments are an estimate and may vary by lender)

Estimated Payment

$ 434.14 per month $288.89 Principal & Interest $107.33 Property Tax $37.92 Homeowner's Insurance

Property Details

Property Type: Residential - Single Family
Basement: Full, Unfinished
Basement: Yes
Cooling: Ceiling Fan(s)
Garage: 1
Heating: Forced Air
Home Style: Colonial
Lot Size: 0.09 Acres
Roof Type: Asphalt, Shingle
Stories: 3.0
Taxes: $1,288 / year
Year Built: 1915

Feature Descriptions

Days on Site: 8
Exterior: Wood Siding
Fencing: Wood
Parcel#: 672-04-069
Parking: Driveway
Sewer: Public Sewer
Water: Public

Room Information

Living Room: 21 x 10 Level - First
Kitchen: 13 x 10 Level - First
Dining Room: 14 x 10 Level - First
Primary Bathroom: 21 x 20 Level - Third
Bedroom: 12 x 10 Level - Second
Bedroom: 10 x 10 Level - Second
Bedroom: 10 x 10 Level - Second

Schools

School District: East Cleveland City

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Listed By / Shown By

Listed By

Agency Name: Keller Williams Greater Metropolitan
Agency Contact: janet.hayward@kw.com, 216-647-8204

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