Listed By
Agency Name: Coldwell Banker Schmidt Realty
Agency Contact: thefrederickteam@gmail.com, 216-210-7653
Shown By
Agent Name: Leah Ackerman
Agent Phone: (614) 306-5050
Agency Title: Cutler Real Estate
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Property Description
Attention investors! This turnkey investment opportunity offers immediate cash flow with a quality tenant in place through July 2026, paying $1,200 per month (not Section 8) and wishing to remain. Whether you're entering the investment market for the first time or adding to your established portfolio, this affordable and maintained asset delivers cash flow from day one. This spacious property features 4 bedrooms, with the possibility of a 5th bedroom using the finished third floor?an excellent opportunity for future rent increases or expanded tenant appeal. The home is mechanically sound with thoughtful updates, including an updated electrical panel, plumbing improvements, and other key upgrades. A full basement adds additional storage or utility space, while the large floor plan provides flexibility and long-term tenant stability. Located in an investment-friendly zip code, this property is positioned for consistent performance and growth. The home is currently professionally managed, and management can remain in place for a seamless transition. Due to the tenant's occupancy, showings will only be permitted after an acceptable offer has been received. Please?no wholesalers, no owner-financing requests, and inquiries from serious, qualified buyers only. Seller is an out-of-country investor liquidating their portfolio. A solid, income-producing property with upside potential?don't miss this excellent opportunity!
Property Features
Property Type: Residential - Single Family
Basement: Full, Unfinished
Basement: Yes
Cooling: None
Days on Market: 59
Garage: 2
Heating: Forced Air, Gas
Home Style: Colonial
Lot Size: 0.12 Acres
Roof Type: Asphalt
Stories: 3.0
Taxes: $1,592 / year
Year Built: 1910
Feature Descriptions
Exterior: Wood Siding
Laundry: In Basement
Parcel#: 108-21-023
Parking: Detached, Garage
Patio/Porch: Porch
Sewer: Public Sewer
Water: Public
Local Schools
School District: Cleveland Municipal - 1809
Estimate Your Payment
Estimated Payment
$ 595.44 per month $436.67 Principal & Interest $132.67 Property Tax $26.10 Homeowner's InsuranceChange Payment Information
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10001 Yale Avenue | MLS# 5175766
This single family home located at 10001 Yale Avenue, Cleveland, OH 44108 is currently listed for sale with an asking price of $89,500. This property was built in 1910 and has 4 bedrooms and 1 full baths with 2309 sq. ft. Yale Avenue is located in the Low & Edwards Allotment subdivision within the Cleveland Municipal - 1809 school district. Search Low & Edwards Allotment real estate on www.leahackerman.com today.