$110,000
UNDER CONTRACT

Estimated payment $784/month

Total Views 962
3 Beds
1 Bath
1,957 Sq Ft
$56 Price per Sq Ft

Highlights

  • No HOA
  • Bungalow
  • Forced Air Heating System
  • 1 Car Detached Garage

About This Home

Turnkey Investment Opportunity – Immediate Section 8 Cash Flow! Attention investors! Don’t miss this exceptional opportunity to own a turnkey Section 8 rental with a reliable long-term tenant already in place who wishes to stay. Enjoy immediate income and long-term value from this well-maintained and nicely updated 3-bedroom Cape Cod that’s ready to add to your portfolio. This property features numerous updates throughout, including a newer dimensional roof on both the house and garage, remodeled kitchen, fresh flooring and paint, and a fully updated main bath. All fixtures have been replaced, and key mechanical systems are in good condition for peace of mind — including an updated hot water tank, updated electrical panel, and vinyl replacement windows for improved energy efficiency. The home shows pride of ownership and has been maintained for lasting value — making it a solid, low-maintenance investment with consistent cash flow from day one. Please note: Serious, qualified investors only. No wholesalers, no owner-financing options. Limited showings available due to tenant occupancy.

Listing Agent

Christopher Frederick

Coldwell Banker Schmidt Realty Brokerage Email: thefrederickteam@gmail.com, 216-210-7653 License #426983 Listed on: 10/27/2025

Coldwell Banker Schmidt Realty

Co-Listing Agent

Michele Frederick

Coldwell Banker Schmidt Realty Brokerage Email: thefrederickteam@gmail.com, 216-210-7653 License #436731

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,457

Year Built

  • Built in 1950

Lot Details

  • 4,400 Sq Ft Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association
  • Shaker Lee 04 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 140-01-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,457

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Year Built: 1950
  • Attribution Contact: thefrederickteam@gmail.com, 216-210-7653
  • Co List Office Phone: 440-327-2123
  • Subdivision Name: Shaker-Lee 04
  • Above Grade Finished Sq Ft: 1174.0
  • Architectural Style: Bungalow
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Tax Year: 2024
  • Property Sub Type Additional: Single Family Residence
  • Special Features: UnderContract
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Unfinished
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 783.0
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Stories: 2
  • Stories: 2

Exterior Features

  • Roof: Asphalt
  • Acres: 0.101
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Aluminum Siding

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage, Paved

Utilities

  • LaundryFeatures: In Basement
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Cleveland Municipal - 1809

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 140-01-007
  • LandLeaseYN: No

Tax Info

  • Tax Annual Amount: 2457.0

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,457 $36,750 $4,690 $32,060
2023 $2,333 $19,150 $3,400 $15,750
2022 $1,787 $19,150 $3,400 $15,750
2021 $1,462 $19,150 $3,400 $15,750
2020 $1,448 $16,380 $2,910 $13,480
2019 $2,028 $46,800 $8,300 $38,500
2018 $668 $16,380 $2,910 $13,480
2017 $1,613 $19,080 $4,660 $14,420
2016 $845 $19,080 $4,660 $14,420
2015 $816 $19,080 $4,660 $14,420
2014 $816 $18,690 $4,550 $14,140
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/27/2025 10/27/25 For Sale $110,000 +4.8% $56 / Sq Ft
03/30/2023 03/30/23 Sold $105,000 -4.5% $60 / Sq Ft View Prior Sale
03/01/2023 03/01/23 Pending -- -- --
02/17/2023 02/17/23 For Sale $109,900 -- $62 / Sq Ft
Source: MLS Now

Purchase History

Date Type Sale Price Title Company
Warranty Deed $105,000 Infinity Title
Sheriffs Deed $43,200 Lewis Ashley
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Lawyers Title
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $359,285 New Conventional
Previous Owner $60,700 New Conventional
Source: Public Records

Source: MLS Now

MLS Number: 5167277

MLS Now

APN: 140-01-007