Income-producing 4-bedroom brick bungalow offered at $145,000 with long-term CMHA tenant paying $1,450/month ($17,400 annually). Owner pays water/sewer (approx. $190/month). Annual taxes $1,130. Approximate 9.6% cap rate based on current performance (before additional operating expenses). Recent improvements include whole-house surge protector, bathroom fan ventilation installed by licensed electrician, frost-free exterior faucet, new dishwasher (2025), new washer & dryer (2025), new kitchen faucet, recently serviced HVAC, granite countertops, and restored hardwood floors. Strong cash flow, low taxes, and solid updates make this a turnkey addition to any investment portfolio. NO SELLER FINANCING.
Listed By
Agency Name: Berkshire Hathaway HomeServices Professional Realty
Agency Contact: shakerheightsrealtor@gmail.com, 503-806-6517
Shown By
Agency Title: Progressive Urban Real Estate
Agency Phone: (216) 619-9696
Estimated Payment
$ 508.42 per month $322.71 Principal & Interest $143.42 Property Tax $42.29 Homeowner's Insurance
16301 Cloverside Avenue | MLS# 5190302
This single family home located at 16301 Cloverside Avenue , Cleveland, OH 44128 is currently listed for sale with an asking price of $145,000. This property was built in 1945 and has 4 bedrooms and 1 full and 1 partial baths with 1248 sq. ft. Cloverside Avenue is located in the Helper-Hart Companys Lee Harv subdivision within the Cleveland Municipal - 1809 school district. Search Helper-Hart Companys Lee Harv real estate on www.progressiveurban.com today.