4325 E 163rd ST Save Request In-Person Tour Request Virtual Tour
Cleveland,OH 44128
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Hold
Purchase Type For Sale
Square Footage 1,200 sqft
Price per Sqft $70
Subdivision Sorrento Park
MLS Listing ID 5127256
Style Ranch
Bedrooms 3
Full Baths 1
HOA Y/N No
Abv Grd Liv Area 1,200
Total Fin. Sqft 1200
Year Built 1953
Annual Tax Amount $1,524
Tax Year 2024
Lot Size 9,374 Sqft
Acres 0.2152
Property Sub-Type Single Family Residence
Property Description
This tenant-occupied single-family home is an excellent opportunity to build your rental portfolio! The long-term tenant has been in place for approximately five years. The current lease is for $950/month and through 10/31/25. Currently leased under market rent, this presents an excellent opportunity to increase rent or lease to a section 8 tenant to greatly improve cash flow. Professional management in place (includes services for managing rehab and renovations) and willing to stay on. Property has many great features, including aluminum siding, vinyl windows and a newly replaced garage roof. Additional highlights include a large addition with bonus living space, brand new front steps, a younger furnace and hot water heater, and an updated electric panel—making this a low-maintenance investment opportunity. Professional management in place and willing to stay on. Full service management with dedicated departments for leasing, marketing, tenant communication. Plus rehab and construction services available for remote investors! Don't let this cash-flowing deal pass you by! Reach out today!
Location
State OH
County Cuyahoga
Rooms
Basement Full
Main Level Bedrooms 2
Interior
Heating Forced Air
Cooling None
Fireplace No
Laundry In Basement
Exterior
Parking Features Detached,Garage
Garage Spaces 2.0
Garage Description 2.0
Water Access Desc Public
Roof Type Asphalt,Shingle
Porch Patio
Garage true
Private Pool No
Building
Entry Level One
Sewer Public Sewer
Water Public
Architectural Style Ranch
Level or Stories One
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 141-05-054
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional