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749 E 131st Street, Cleveland, OH 44108

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For Sale
Sale Pending

$95,000

3 beds • 1 baths • 1,014 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • Newly Listed
    Time on Century 21

  • $93.69
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Investors, here's your chance to own a fully updated, cashflowing Section 8 property with strong upside potential. This 3-bedroom, 1-bath home also features a bonus room on the first floor that can easily be converted into a fourth bedroom to further boost rental income. Currently, the property is generating $1,150 per month with CMHA paying 100% of the rent, and it's eligible for a rent increase to $1,400-$1,600 per month with the proper adjustment request. The home is lead certified and has undergone significant updates, including a new furnace (2018), hot water tank (2018), electrical (2018), plumbing (2018), updated bathroom (2018), updated kitchen (2018), new flooring (2018), and a roof (2020), windows (2018), ext./int. paint (2018). With all major systems recently updated, this property is truly turnkey-offering minimal maintenance, immediate cash flow, and the security of guaranteed rent in a high-demand rental area. Don't miss out! Reach out to listing agent for walkthrough videos.
MLS# 5147658

Courtesy Of Lokal Real Estate, LLC

(216) 252-6580

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Colonial
  • Heating System
    Forced Air
  • Lot Size
    0.06 Acres
  • Roof Type
    Asphalt
  • Rooms
    Bonus Room, Dining Room

Map and Directions

Directions to 749 E 131st Street, Cleveland, OH 44108

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CENTURY 21 HomeStar

(440) 449-9100
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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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