2
See all 2 photos
$60,000
Est. payment /mo
2 Beds
1 Bath
5,074 Sqft Lot
Active
7427 Spafford RD Cleveland, OH 44105
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Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Subdivision E T Hamilton
MLS Listing ID 5146656
Style Bungalow
Bedrooms 2
Full Baths 1
HOA Y/N No
Year Built 1890
Annual Tax Amount $602
Tax Year 2024
Lot Size 5,074 Sqft
Acres 0.1165
Property Sub-Type Single Family Residence
Stories One
Story One
Property Description
Great investment opportunity in the Cleveland area! This 2-bedroom, 1-bath single-family home offers 800 sq ft of living space and is already generating passive income. • Annual rental income: $9,000 • Gross ROI: 15.00% The property is tenant-occupied, with a reliable long-term tenant expressing a strong interest in staying. Located in an up-and-coming neighborhood, this home presents excellent potential for appreciation and long-term growth. Whether you're a seasoned investor or just getting started, this affordable property is a smart addition to your rental portfolio.
Location
State OH
County Cuyahoga
Rooms
Basement Unfinished
Main Level Bedrooms 2
Interior
Heating Forced Air
Cooling Ceiling Fan(s)
Fireplace No
Exterior
Parking Features No Garage
Water Access Desc Public
Roof Type Shingle
Private Pool No
Building
Sewer Public Sewer
Water Public
Architectural Style Bungalow
Level or Stories One
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 133-20-097
Listed by Saundra Clay • Key Realty • saundraclay@yahoo.com, 216-496-2938
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