15417 Parkgrove AVE Active Save Request In-Person Tour Request Virtual Tour
Cleveland,OH 44110
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,362 sqft
Price per Sqft $104
MLS Listing ID 5130338
Style Colonial
Bedrooms 3
Full Baths 1
Year Built 1909
Annual Tax Amount $1,262
Tax Year 2023
Lot Size 3,963 Sqft
Property Sub-Type Single Family Residence
Property Description
Unlock strong investment returns with this well-positioned 3-bedroom home in Cleveland's dynamic Waterloo Arts District! Located just 4 minutes from Euclid Beach and 13 minutes to downtown, this property offers excellent accessibility to major transit routes and urban attractions, making it a prime location with high rental demand. Key for investors, it is currently occupied at $1,250/month on a month-to-month lease, but presents significant value-add potential as the estimated Section 8 rent for a 3-bedroom in this zip code is approximately $1,400/month, offering immediate rent increase potential. For added flexibility, the property can be delivered vacant with prior notice, allowing you to secure a higher market rent or occupy the property yourself. Investors will appreciate the peace of mind offered by lead certification, a waterproofed basement with a sump pump and glass block windows, and stylish LVP flooring throughout the first floor. Furthermore, this property offers portfolio synergy as it can be acquired as a package deal with the adjacent property at 15421 Parkgrove Ave. This property presents a fantastic opportunity for investors seeking a turnkey asset with clear potential for increased cash flow in an appreciating market. Secure your next investment! Call for your private showing today!
Location
State OH
County Cuyahoga
Interior
Heating Forced Air,Gas
Cooling None
Exterior
Parking Features Detached Carport,Paved
Garage Spaces 1.0
Garage Description 1.0
Roof Type Asphalt,Fiberglass
Building
Sewer Public Sewer
Water Public
Schools
School District Cleveland Municipal - 1809
Others
Acceptable Financing Cash,Conventional,FHA,VA Loan
Listing Terms Cash,Conventional,FHA,VA Loan