Listed By
Agency Name: RE/MAX Above & Beyond
Agency Contact: vargas.anita258@gmail.com, 216-533-6242
Shown By
Agent Name: Meyer & Dial
Agent Phone: (614) 340-9660
Agency Title: Cutler Real Estate
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Property Description
TURNKEY 11%+ CAP RATE. Lease agreement recently renewed at $1,100/mo. Tenant pays ALL utilities! Incredible opportunity to acquire a fully stabilized, income-producing asset generating $1,100/month. Located at 3003 Nursery Ave, this beautifully updated 3-bedroom, 1-bathroom home offers 1,052 sq. ft. of living space on a generous 4,356 sq. ft. lot. This property offers true peace of mind for an investor, as all major CapEx items have been completely addressed. Recent capital improvements include a part of the roof is brand-new, an entirely new plumbing system, a brand-new heating system, a new hot water tank, a newly constructed garage, and fresh flooring throughout. The bathroom has been updated with new fixtures and toilets. Furthermore, the property features comprehensive exterior basement waterproofing?a massive value-add ensuring long-term structural integrity and low maintenance. With all the heavy lifting already completed and a solid tenant in place, this is a day-one performing asset perfect for both local and out-of-state portfolios.
Property Features
Property Type: Residential - Single Family
Basement: Yes
Basement: Concrete
Cooling: None
Days on Market: 6
Fireplaces: 1
Garage: 1
Heating: Forced Air
Home Style: Bungalow
Lot Size: 0.10 Acres
Roof Type: Asphalt
Stories: 2.0
Taxes: $599 / year
Year Built: 1900
Amenities
Ceiling Fan(s)
Feature Descriptions
Appliances: Microwave, Range, Refrigerator
Exterior: Aluminum Siding, Asphalt, Brick, Concrete, Vinyl Sidin
Fencing: Fenced, Front Yard
Lot: Front Yard, Many Trees
Parcel#: 123-20-030
Parking: Concrete, Gated, On Site
Patio/Porch: Front Porch
Sewer: Public Sewer
Water: Public
Local Schools
School District: Cleveland Municipal - 1809
Estimate Your Payment
Estimated Payment
$ 480.34 per month $407.24 Principal & Interest $49.92 Property Tax $23.19 Homeowner's InsuranceChange Payment Information
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3003 Nursery Avenue | MLS# 5237655
This single family home located at 3003 Nursery Avenue, Cleveland, OH 44127 is currently listed for sale with an asking price of $79,500. This property was built in 1900 and has 3 bedrooms and 1 full baths with 1052 sq. ft. Nursery Avenue is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.meyeranddial.com today.