1334 Penhurst Road

Cleveland, OH 44110

  • 2 Bed(s)
  • 1 Bath(s)
  • 734 Sqft
  • 0.078
    Acre(Lot)
$80,000

Description

Attention investors! this fully occupied, turnkey cash flow property is generating guaranteed rent from day one with a long-term, government-subsidized tenant eden (similar to cmha section 8), paying $1,142 per month—an exceptional 1.43% rent-to-price ratio. recent capital improvements include a brand-new roof, furnace, hot water tank, electrical panel, and a dry basement—minimizing future maintenance costs. the home is currently a 2-bedroom, 1-bathroom, but with a simple addition of a door, it can be converted into a 3-bedroom value add, increasing rental value and equity. the exterior is low-maintenance with vinyl siding and vinyl windows. lead inspection passed with certified lab results. with a tenant already in place and no vacancy downtime, this is a true plug-and-play cash flow opportunity.

  • Property Type

    Residential
  • County

    Cuyahoga
  • Style

    Ranch
  • AD ID

    48649789

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BuyOwner last updated this listing 02/22/2025 @ 17:37

  • MLS: 5100743
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: MLSNow

is a Home, with 2 bedrooms which is for sale, it has 734 sqft, 0 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Cleveland , in zip code 44110, this Cuyahoga County Home , it is in the W F Walworths Subdivision, and are nearby neighborhoods.