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Stacey Jones

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$ 143,500

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Open Mon 5:30PM-6:30PM

15421 Parkgrove AVE Cleveland, OH 44110

4 Beds

1 Bath

1,347 SqFt

OPEN HOUSE

Mon Aug 11, 5:30pm - 6:30pm

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,347 sqft

Price per Sqft $106

Subdivision Beach Grvs Sub

MLS Listing ID 5130237

Style Colonial

Bedrooms 4

Full Baths 1

HOA Y/N No

Abv Grd Liv Area 1,347

Year Built 1920

Annual Tax Amount $1,180

Tax Year 2023

Lot Size 4,356 Sqft

Acres 0.1

Property Sub-Type Single Family Residence

Property Description

Unlock exceptional investment opportunities with this renovated 4-bedroom, 1.5-bathroom home in Cleveland's thriving Waterloo Arts District! Offering easy access to major highways, you're just 4 minutes from Euclid Beach and 13 minutes from downtown Cleveland, perfectly balancing suburban charm with urban convenience. Key for investors, this property is a prime candidate for strong cash flow potential. It's located in a high-demand area ensuring sustained tenant interest. The home was extensively updated in 2022 with a new roof, new vinyl siding, and fresh interior/exterior paint, and is also Lead Certified for added peace of mind. Significant value-add potential exists as the property is currently tenant-occupied on a month-to-month lease at $1,250/month; however, the estimated Section 8 rent in this zip code is approximately $1,500/month, presenting a clear opportunity for immediate rental income increase. Furthermore, the property can be delivered vacant with just 30 days' notice, providing flexibility for owner-occupancy or securing a higher-paying tenant immediately. Consider this as a portfolio expansion opportunity, as it can be bundled with the adjacent property at 15417 Parkgrove Ave. Inside, discover charming hardwood floors throughout the first floor, a decorative fireplace with elegant wood moldings, and an updated kitchen featuring stylish LVP flooring that flows into the open dining area. The second floor has three bedrooms and a full bath, with a generous fourth bedroom on the third floor offering added privacy. This is a fantastic chance to acquire a well-maintained, updated property with clear income growth potential in a desirable and appreciating Cleveland neighborhood. Don't miss this chance to boost your investment portfolio! Call me for your private showing today!

Location

State OH

County Cuyahoga

Rooms

Basement Full, Unfinished

Interior

Heating Forced Air, Gas

Cooling None

Fireplaces Number 1

Fireplace Yes

Exterior

Parking Features Detached, Garage, Paved

Garage Spaces 2.0

Garage Description 2.0

Water Access Desc Public

Roof Type Asphalt,Fiberglass

Porch Front Porch

Private Pool No

Building

Sewer Public Sewer

Water Public

Architectural Style Colonial

Level or Stories Three Or More

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 112-16-081

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Listed by Victoria Wallis • RE/MAX Crossroads Properties • [email protected] 330-819-8216

Stacey Jones

Agent

+1(216) 577-5874

Stacey Jones

15421 Parkgrove AVE Cleveland, OH 44110

OPEN HOUSE

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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15421 Parkgrove AVE