Property Description
Income-producing 4-bedroom brick bungalow offered at $145,000 with long-term CMHA tenant paying $1,450/month ($17,400 annually). Owner pays water/sewer (approx. $190/month). Annual taxes $1,130. Approximate 9.6% cap rate based on current performance (before additional operating expenses).
Recent improvements include whole-house surge protector, bathroom fan ventilation installed by licensed electrician, frost-free exterior faucet, new dishwasher (2025), new washer & dryer (2025), new kitchen faucet, recently serviced HVAC, granite countertops, and restored hardwood floors.
Strong cash flow, low taxes, and solid updates make this a turnkey addition to any investment portfolio.
NO SELLER FINANCING.
Property Features
Property Type: Residential - Single Family
Basement: Partially Finished
Basement: Yes
Cooling: Central Air
Garage: 2
Heating: Forced Air
Home Style: Cape Cod
Lot Size: 0.13 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $1,721 / year
Year Built: 1945
Feature Descriptions
Exterior: Brick
Parcel#: 141-09-069
Parking: Driveway, Detached, Garage
Sewer: Public Sewer
Water: Public
Local Schools
School District: Cleveland Municipal - 1809
16301 Cloverside Avenue | MLS# 5190302
This single family home located at 16301 Cloverside Avenue, Cleveland, OH 44128 is currently listed for sale with an asking price of $145,000. This property was built in 1945 and has 4 bedrooms and 1 full and 1 partial baths with 1248 sq. ft. Cloverside Avenue is located in the Helper-Hart Companys Lee Harv subdivision within the Cleveland Municipal - 1809 school district. Search Helper-Hart Companys Lee Harv real estate on www.kaszycarealestate.com today.