USAOHEast ClevelandCarlyon1169 Melbourne Rd

1169 Melbourne Rd, East Cleveland, OH

Name: 1169 Melbourne Rd, For Sale in East Cleveland - Zoocasa
Brand: Keller Williams Greater Metropolitan
SKU: 5227133
Price: 130000 USD

House

For Sale

Listed price in listed location currency (USD).

$130,000

411

MLS® 5227133

Overview

Key Facts

Type Single Family Residence

Levels Residential

Size 2072 sqft

Garage Yes

Taxes $1,288

Days Active 12

Lot Size 0.086 Acres

Approx. Age 1915

Avg. Price Per Sqft $62

MLS® Number 5227133

Property Address: 1169 Melbourne Rd, East Cleveland, OH, 44112-4134

Average square foot calculated using Size range provided by listing agent.

Description

Investor Opportunity – Turnkey Rental with Long-Term Tenant in Place! Don't miss this income-producing investment property featuring a long-term Section 8 tenant who would like to remain, providing immediate rental income from day one. The property currently generates $12, 504 in annual rental income, making it an attractive addition to any investment portfolio. This spacious Front Porch Colonial offers 4 bedrooms and 1 full bath with a classic layout that includes a welcoming living room with a fireplace, a formal dining room featuring built-in cabinetry, and an eat-in kitchen. Brand-new carpeting has been installed throughout, giving the interior a fresh, updated feel. Major mechanical and infrastructure updates include a furnace (2016), hot water tank (2020), newer electrical, and a waterproofed basement, helping reduce future maintenance concerns. Whether you're looking to expand your rental portfolio or purchase a stable, income-producing property, this home offers immediate cash flow with a reliable long-term tenant already in place.

MLS® Number5227133

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

GarageYes

Approx. Age1915

BasementFull, Unfinished

DrivewayDriveway

Garage Spaces

HeatForced Air

A/CCeiling Fans

Extras

Rooms

Change to metres

Dining Room:First Floor10 × 14 ft

Living Room:First Floor10 × 21 ft

Other:Third Floor20 × 21 ft

Kitchen:First Floor10 × 13 ft

Bedroom 1:Second Floor10 × 12 ft

How Much House Can I Afford?

Home Estimate Zoopraisal®

This property is estimated to sell between: $76,000 and $157,000.

Similar properties in this area sold on average for: $76,000

Expected to sell in 106 days. Similar properties sold in 118 days. This home has been on Zoocasa for 12 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

Map

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