1169 Melbourne RD East Cleveland, OH 44112
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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 2,072 sqft
Price per Sqft $62
Subdivision Carlyon
MLS Listing ID 5227133
Style Colonial
Bedrooms 4
Full Baths 1
HOA Y/N No
Abv Grd Liv Area 1,400
Total Fin. Sqft 2072
Year Built 1915
Annual Tax Amount $1,288
Tax Year 2025
Lot Size 3,746 Sqft
Acres 0.086
Property Sub-Type Single Family Residence
Property Description
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.
Location
State OH
County Cuyahoga
Rooms
Basement Full, Unfinished
Interior
Heating Forced Air
Cooling Ceiling Fan(s)
Fireplace Yes
Exterior
Parking Features Driveway
Garage Spaces 1.0
Garage Description 1.0
Fence Wood
Water Access Desc Public
Roof Type Asphalt,Shingle
Garage true
Private Pool No
Building
Entry Level Three Or More
Sewer Public Sewer
Water Public
Architectural Style Colonial
Level or Stories Three Or More
Schools
School District East Cleveland Csd - 1812
Others
Tax ID 672-04-069
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Nearby Locations
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