1169 Melbourne Road | East Cleveland
Investor Opportunity with Long-Term Tenant in Place! This 4-bedroom, 1-bath Front Porch Colonial offers an excellent opportunity to add an already-occupied property to your rental portfolio. A long-term Section 8 tenant currently occupies the home and would like to remain, allowing the next owner to take over an established tenancy without the immediate need to locate a new renter.\r\n\r\nThe home offers a spacious layout featuring a living room with fireplace, formal dining room with charming built-in cabinetry, eat-in kitchen, and four generously sized bedrooms. Brand-new carpeting has also been installed throughout.\r\nSeveral important updates have already been completed, including a furnace (2016), hot water tank (2020), newer electrical, and a waterproofed basement.\r\n\r\nWhether you\u0027re looking to add another door to your existing portfolio or make your first investment purchase, this property offers the combination of an established tenant, four-bedroom layout, and key improvements already in place. Tenant would like to remain after the sale. Schedule your showing and see the investment potential for yourself! MLSNow 5227133
Directions to property: Located off Superior Avenue