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$107,500 (USD)
Contingent

A W Fairbanks Sub Area Single Family Home

Contingent

7104 Colfax Road Cleveland, OH 44104

3 Bed
2 Baths
856 sqft
MLS# 5193980
ATTENTION INVESTORS! Turnkey Section 8 rental with quality tenant in place paying $1,317 per month who wishes to remain—providing immediate, stable cash flow from day one. Charming & updated Cape Cod features an inviting front porch and a bright, natural light-filled main floor with two bedrooms and a full bath. Beautifully remodeled kitchen includes granite countertops & all newer appliances. Second floor offers a spacious third bedroom with a convenient half bath. Property sits on an easy-to-maintain, large fully fenced yard w/plenty of shade—ideal for tenant enjoyment & long-term retention. Prime located just minutes from the Opportunity Corridor and situated on a street with many newer homes, this location continues to see strong rental demand and growth. Major updates completed in 2022 provide peace of mind and low maintenance, including roof, electrical, plumbing, paint, interior and exterior doors, bathrooms, tankless hot water tank, furnace, central air, siding, and all kitchen appliances. Strong income, updated condition, plus desirable rental location make this a solid addition to any investment portfolio. Do not disturb tenant. Very limited showings until accepted offer. No wholesalers. No owner financing. Serious, qualified investors only.
Listing Courtesy of YES MLS / Coldwell Banker Schmidt Realty / Christopher Frederick