18315 Marcella Road, Cleveland, OH 44119

$109,500
3
BD
1
BA
2,204
SqFt

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List Price
$109,500
Status
ACTIVE
Style
Colonial
MLS#
5256275
Year Built
1927
Bedrooms
3
Bathrooms
1
Living Area
2,204
Region
Cleveland
Township
Cleveland
Subdivision / Building
City/Cleveland 15

Property Description

NEW REDUCED PRICE! ATTENTION INVESTORS! TURNKEY, TENANT-OCCUPIED COLONIAL GENERATING $1,250 PER MONTH ($15,000 ANNUALLY) IN RENTAL INCOME! Fantastic opportunity to expand your investment portfolio with this spacious 3-bedroom, 1-full-bath Colonial offering immediate rental income from day one! Property features an established tenant already in place paying $1,250 per month (not Section 8), providing consistent income without the hassle of finding a new renter. This attractive investment offers a spacious, functional floor plan with comfortable living areas and classic Colonial charm, making it an appealing option for long-term rental ownership. The home features 3 generously sized bedrooms, a full bathroom, and a basement providing abundant additional storage and potential for added functionality. Investors will appreciate the combination of an existing income stream, practical layout, and manageable property features, making this an excellent addition to any investment portfolio. Located in an established residential area with rental demand, this property offers an appealing opportunity for investors seeking long-term income and potential appreciation. Whether you're purchasing your first rental property or expanding an established portfolio, this income-producing Colonial offers an opportunity to build long-term wealth through real estate! Don't miss your chance to acquire an affordable investment property with rental income already in place! IMPORTANT: Tenant occupied. Do not disturb tenant. No showings until an accepted offer. Serious, qualified buyers only. No wholesalers, contract assignments, or owner financing. Property is part of a larger investment portfolio and may be purchased individually or as part of a bulk portfolio purchase.

Additional Information

Taxes
$2,435
Acres
0.13
Sewer
Public Sewer
Roof
Asphalt, Fiberglass
Water
Public
Garage Spaces
1
Heating
Forced Air
Cooling
None
School District
Cleveland Municipal - 1809

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Listing Courtesy of: Adrian Frederick, afredericksold@gmail.com With Coldwell Banker Schmidt Realty

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