14905 Harvard Avenue
Cleveland, OH 44128

Listed at $134,900

Details

  • MLS# 5190784
  • Residential - Single Family
  • Status Pending
  • 4 Bedrooms
  • 1 full 1 partial Bathrooms
  • 1,262 Square Feet
  • 0.097 acres
  • Built in 1947
  • Cleveland Municipal - 1809 Local Schools
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Description

14905 Harvard is a fully renovated 4-bedroom in Cleveland's 44128 zip code, where fair market rent for a 4-bedroom is averaging $1,780 per month, or $21,360 annually. With brand new windows, new flooring throughout, a completely updated kitchen with new appliances, fresh paint and trim, and new siding, this is a 100% turnkey property. This is a true plug-and-play rental designed for low maintenance and strong long-term performance. With taxes at $1,300 per year, insurance at $960 per year, and 8% management factored in, this property produces a net operating income of $17,391 annually. At a $135,000 purchase price using 20% down on a DSCR...read more loan, cash flow sits at approximately $695 per month. In a market where 4-bedroom inventory is limited and rents are pushing higher, this is a stabilized, high-yield asset that delivers immediate returns from day one ? the kind of deal thats hard to replicate and even harder to pass up.

Features

  • Other
  • Forced Air
  • 2.0 Stories
  • $1,310 / year Taxes
  • Public
  • Built in 1947
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All Property Features

  • Property Type: Residential - Single Family
  • Basement: Yes
  • Basement: Full, Unfinished
  • Cooling: Other
  • Days on Site: 9
  • Exterior: Vinyl Siding
  • Heating: Forced Air
  • Home Style: Cape Cod
  • Laundry: In Basement
  • Lot Size: 0.10 Acres
  • Parcel#: 139-15-036
  • Parking: Driveway
  • Roof Type: Shingle
  • Sewer: Public Sewer
  • Stories: 2.0
  • Taxes: $1,310 / year
  • Water: Public
  • Window: Double Pane Windows
  • Year Built: 1947