12802 Melgrove AVE new Save Request In-Person Tour Request Virtual Tour
Cleveland,OH 44105
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 864 sqft
Price per Sqft $86
MLS Listing ID 5079672
Style Cape Cod
Bedrooms 2
Full Baths 1
Half Baths 1
Year Built 1925
Annual Tax Amount $1,939
Tax Year 2023
Lot Size 4,791 Sqft
Property Description
Investors! This turnkey Cap Cod is a low-maintenance rental property with immediate cash flow! A long-term tenant is in place with a current lease of $950 per month and is willing to extend. The home features two bedrooms on the main floor, a full bath, and an unfinished attic (just under 500 sq ft) with potential for 3rd/4th bedrooms. The basement is also unfinished, offering further expansion possibilities. Enjoy a spacious formal dining room and a quaint eat-in kitchen. Updates include a newer hot water tank and furnace (installed July 2024). The roof is approximately 10 years old, and the garage is newer with vinyl siding (approximately 15 years old). The tenant pays on time and intends to stay for many years.
Location
State OH
County Cuyahoga
Rooms
Ensuite Laundry In Basement
Interior
Laundry Location In Basement
Heating Forced Air,Gas
Cooling None
Laundry In Basement
Exterior
Exterior Feature None
Garage Concrete,Driveway,Detached,Garage Faces Front,Garage
Garage Spaces 1.0
Garage Description 1.0
Fence None
Waterfront No
Roof Type Asphalt
Building
Lot Description < 1/2 Acre,Back Yard,Front Yard,Few Trees
Story 1
Foundation Block
Sewer Public Sewer
Water Public
Schools
School District Garfield Heights Csd - 1815
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional