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$120,000
5 Beds 2 Baths 5226909 MLS
**TURNKEY CASH-FLOW OPPORTUNITY – INVESTOR ALERT!** Don't miss this income-producing **5-bedroom, 2-bath Colonial** offered at **$120,000**. Currently generating **$1,500 per month** in rental income (**$18,000 annually**), this property offers immediate cash flow with the potential for long-term appreciation. Completely renovated in **2024**, this investment features significant capital improvements, including a **new roof, windows, flooring, furnace, hot water tank, updated plumbing, and electrical systems**—helping reduce future maintenance expenses and protect your investment. At this price point, investors have the opportunity to acquire a stabilized asset with strong income potential. Run your numbers to evaluate the property's **cap rate**, **cash-on-cash return**, and overall return on investment based on your financing strategy and operating expenses. The spacious five-bedroom floor plan appeals to a broad tenant pool and may offer **future rent growth** as market conditions allow. With major updates already completed, this property provides a solid foundation for dependable cash flow while offering the potential to build equity over time. Whether you're expanding an established portfolio or purchasing your next rental property, this is an opportunity to secure a renovated, income-producing asset at an attractive price. Being sold as-is.

723 E 165th Street, Cleveland

Listing Courtesy of: Crystal R Williamson, crwilliamson35@gmail.com With BHR & Associates

$110,000
4 Beds 2 Baths 5181494 MLS
Cash-flowing duplex that outperforms the classic 1% rental rule, with tenant in place on Cleveland’s northeast side near South Collinwood. Currently generating $2,000 per month in rental income. This property delivers immediate cash flow with recent improvements already completed—making it a strong, low-friction addition to an investment portfolio. The first-floor unit has been refreshed with new carpet and fresh paint throughout the walls, trim, and cabinets. Kitchen features include laminate countertops and freshly painted cabinetry. Major capital improvements include a new electrical panel, new main plumbing stack with updated basement plumbing, newer appliances, and updated windows in the first-floor unit—helping reduce near-term capital expenses. The second-floor unit includes an enclosed balcony, providing additional usable space. Located minutes from Interstate 90, Glenville High School, and the Waterloo Arts District, the property offers strong accessibility and consistent rental demand. Turnkey rental suitable for market-rate or housing voucher programs, offering flexibility for investors seeking reliable income, proven performance, and minimal upfront work.

813 Wayside Road, Cleveland

Listing Courtesy of: Brett Munich, brett@impactsellshomes.com With Keller Williams Greater Metropolitan

Selling Office: RE/MAX Infinity.

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