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1828 Noble RD East Cleveland, OH 44112
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Key Details
Sold Price $99,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,473 sqft
Price per Sqft $67
MLS Listing ID 5018491
Style Colonial
Bedrooms 4
Full Baths 1
Half Baths 1
Year Built 1911
Annual Tax Amount $718
Tax Year 2023
Lot Size 3,746 Sqft
Property Description
JUST LISTED - a prime single-family investment opportunity, now occupied by a reliable CMHA tenant paying $1495/month on a secure annual lease. Boasting vinyl windows, glass block windows in the basement, a 5-year-old roof, and a newer hot water tank, the property is well-maintained and poised for long-term returns. Successfully passing the CMHA inspection, this investment is poised to be a hassle-free ownership experience. The tenant is responsible for electric/gas payments, while the owner covers water/sewer expenses. At the current purchase price, the property offers an impressive 25% cash-on-cash return, making it a strategic, hands-off and lucrative addition to any investment portfolio.
Location
State OH
County Cuyahoga
Interior
Heating Baseboard, Hot Water, Steam
Cooling None
Fireplaces Number 1
Laundry Washer Hookup, Electric Dryer Hookup, In Basement
Exterior
Parking Features Driveway, Paved
Roof Type Slate
Building
Sewer Public Sewer
Water Public
Schools
School District East Cleveland Csd - 1812
Others
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Special Listing Condition Standard
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Bought with Tal Tamir • Russell Real Estate Services