Investment opportunity with an established long-term tenant already in place! This colonial single-family home offers a practical layout, existing rental income, & several updates that make it an attractive option for an experience investor! The home features 2 bedrooms & 1 bathroom, along with a spacious living room, functional kitchen, & adjoining dining area. Original hardwood flooring adds character throughout portions of the home, including the living room & staircase, while newer LVP flooring has been installed in the front entryway, hallway, primary bedroom, & bathroom areas. Additional improvements & features include a younger furnace, central air conditioning, an updated PVC main stack, sewer cleanout, & an older but updated electrical panel. The basement provides additional storage space & utility access. Outside, the property offers both front & rear decks, a fully fenced backyard, wood-sided exterior, a detached 1-car garage—providing valuable outdoor space & added functionality. The property is currently tenant occupied by a long-term resident who has been in place since 2019. Current rent is $700 per month on a month-to-month lease, with the tenant also responsible for water & sewer. Conveniently located on Cleveland’s east side with easy access to I-90, the property is near Cleveland Clinic Euclid Hospital & Wildwood Park, while also offering convenient access to major roadways, public transportation, shopping, restaurants, schools, parks, & everyday amenities. Professional management in place & willing to stay on. Full service management with dedicated departments for leasing, marketing, tenant communication. Plus rehab & construction services available for remote investors! With an established tenant, existing cash flow, updates throughout, & a convenient Cleveland location, this property offers an opportunity for an investor seeking an income-producing asset with potential for future upside! No wholesalers. No Seller financing. No low ball offers.
Based on the average sale price from the Youngstown, OH office
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Default based on a 30-year fixed rate of 6.49% 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. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
18903 Mohawk Avenue Cleveland, OH is a Single Family Home for sale at $89900 with 864 sqft and a lot size of 0.0872 Acres Acre(s). 18903 Mohawk Avenue Cleveland has 2 bedrooms, 1 baths and was built in 1940. The property's zip code is 44119 which is in Cleveland, OH
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Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
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