Home for Sale at 1169 Melbourne Road in East Cleveland, OH for $130,000

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1169 Melbourne Road | East Cleveland

$130,000 | 4 Beds | 1 Baths (1 Full) | 2,072 Sq. Ft.

Investor Opportunity \u2013 Turnkey Rental with Long-Term Tenant in Place!\r\n\r\nDon\u0027t miss this income-producing investment property featuring a long-term Section 8 tenant who would like to remain, providing immediate rental income from day one. The property currently generates $12,504 in annual rental income, making it an attractive addition to any investment portfolio.\r\n\r\nThis spacious Front Porch Colonial offers 4 bedrooms and 1 full bath with a classic layout that includes a welcoming living room with a fireplace, a formal dining room featuring built-in cabinetry, and an eat-in kitchen. Brand-new carpeting has been installed throughout, giving the interior a fresh, updated feel.\r\n\r\nMajor mechanical and infrastructure updates include a furnace (2016), hot water tank (2020), newer electrical, and a waterproofed basement, helping reduce future maintenance concerns.\r\n\r\nWhether you\u0027re looking to expand your rental portfolio or purchase a stable, income-producing property, this home offers immediate cash flow with a reliable long-term tenant already in place. MLSNow 5227133

Directions to property: Located off Superior Avenue

MLS Listing ID: 
MLSNow 5227133
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Status (Local): 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$130,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Residential
Property Sub Type: 
Single Family Residence
Primary Market Area: 
East Cleveland
Address: 
1169 Melbourne Road, East Cleveland, OH 44112
County: 
Cuyahoga
Latitude: 
41.5266630
Longitude: 
-81.5957540
Directions: 
Located off Superior Avenue
Public Remarks: 
Investor Opportunity \u2013 Turnkey Rental with Long-Term Tenant in Place!\r\n\r\nDon\u0027t miss this income-producing investment property featuring a long-term Section 8 tenant who would like to remain, providing immediate rental income from day one. The property currently generates $12,504 in annual rental income, making it an attractive addition to any investment portfolio.\r\n\r\nThis spacious Front Porch Colonial offers 4 bedrooms and 1 full bath with a classic layout that includes a welcoming living room with a fireplace, a formal dining room featuring built-in cabinetry, and an eat-in kitchen. Brand-new carpeting has been installed throughout, giving the interior a fresh, updated feel.\r\n\r\nMajor mechanical and infrastructure updates include a furnace (2016), hot water tank (2020), newer electrical, and a waterproofed basement, helping reduce future maintenance concerns.\r\n\r\nWhether you\u0027re looking to expand your rental portfolio or purchase a stable, income-producing property, this home offers immediate cash flow with a reliable long-term tenant already in place.
Community Information
School District: 
East Cleveland CSD - 1812
Subdivision: 
Carlyon
Building Details
Details about the building on a property.
Architectural Style: 
Colonial
Year Built: 
1915
Living Area: 
2,072
Basement: 
Full,Unfinished
Construction
Construction Materials: 
Wood Siding
Roof: 
Asphalt,Shingle
Room Details
Details about the rooms in the building.
Total Rooms: 
7
Total Bedrooms: 
4
Total Bathrooms: 
1
Total Full-Bathrooms: 
1
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Forced Air
Cooling System: 
Ceiling Fan(s)
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.09
Lot Size (Area): 
0.09
Lot Size (Dimensions): 
35x107
Lot Features
Parking Type: 
Driveway
Fence: 
Wood
Public Record
Parcel Number: 
672-04-069
Annual Tax: 
$1,288.00
Contract Details
Details about the listing contract.
Possession: 
Delivery Of Deed
Disclosures: 
Owner Is Listing Agent
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
Janet Hayward
Listing Office Name: 
Keller Williams Greater Metropolitan

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