18315 Marcella Road, Cleveland, OH 44119

$109,500
  • 18315 Marcella Road, Cleveland, OH 44119 Main Photo

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New to the Market Active
BEDS3 BATHS1 full SQUARE FEET2,204 MLS#5256275
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONCity/Cleveland 15 SCHOOLCleveland Municipal - 1809

Property Description

NEW REDUCED PRICE! ATTENTION INVESTORS! TURNKEY, TENANT-OCCUPIED COLONIAL GENERATING $1,250 PER MONTH ($15,000 ANNUALLY) IN RENTAL INCOME! Fantastic opportunity to expand your investment portfolio with this spacious 3-bedroom, 1-full-bath Colonial offering immediate rental income from day one! Property features an established tenant already in place paying $1,250 per month (not Section 8), providing consistent income without the hassle of finding a new renter. This attractive investment offers a spacious, functional floor plan with comfortable living areas and classic Colonial charm, making it an appealing option for long-term rental ownership. The home features 3 generously sized bedrooms, a full bathroom, and a basement providing abundant additional storage and potential for added functionality. Investors will appreciate the combination of an existing income stream, practical layout, and manageable property features, making this an excellent addition to any investment portfolio. Located in an established residential area with rental demand, this property offers an appealing opportunity for investors seeking long-term income and potential appreciation. Whether you're purchasing your first rental property or expanding an established portfolio, this income-producing Colonial offers an opportunity to build long-term wealth through real estate! Don't miss your chance to acquire an affordable investment property with rental income already in place! IMPORTANT: Tenant occupied. Do not disturb tenant. No showings until an accepted offer. Serious, qualified buyers only. No wholesalers, contract assignments, or owner financing. Property is part of a larger investment portfolio and may be purchased individually or as part of a bulk portfolio purchase.

18315 Marcella Road | MLS# 5256275

This single family home located at 18315 Marcella Road, Cleveland, OH 44119 is currently listed for sale with an asking price of $109,500. This property was built in 1927 and has 3 bedrooms and 1 full baths with 2204 sq. ft. Marcella Road is located in the City/Cleveland 15 subdivision within the Cleveland Municipal - 1809 school district. Search City/Cleveland 15 real estate on dmaltese.dehoff.com today.

Property Features

Property Type: Residential - Single Family
Basement: Yes
Basement: Unfinished
Cooling: None
Garage: 1
Heating: Forced Air
Home Style: Colonial
Lot Size: 0.13 Acres
Roof Type: Asphalt, Fiberglass
Stories: 3.0
Taxes: $2,435 / year
Year Built: 1927

Feature Descriptions

Days on Site: 1
Exterior: Brick, Vinyl Siding
Parcel#: 113-08-038
Parking: Detached, Garage
Patio/Porch: Front Porch
Sewer: Public Sewer
Water: Public

Local Schools

School District: Cleveland Municipal - 1809

Listed By / Shown By

Listed By

Agency Name: Coldwell Banker Schmidt Realty
Agency Contact: afredericksold@gmail.com, 216-469-4854

Shown By

Agent Name: David Maltese
Agent Phone: (330) 936-0865
Agency Title: DeHOFF REALTORS

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Estimated Payment

$ 718.58 per month $483.73 Principal & Interest $202.92 Property Tax $31.94 Homeowner's Insurance

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