USAOHGarfield HeightsGarfield Pkwy4618 E 88Th St

4618 E 88Th St, Garfield Heights, OH

Name: 4618 E 88Th St, For Sale in Garfield Heights - Zoocasa
Brand: Keller Williams Greater Cleveland Northeast
SKU: 5236900
Price: 135000 USD

House

For Sale

Listed price in listed location currency (USD).

$135,000

412

MLS® 5236900

Overview

Key Facts

Type Single Family Residence

Levels Residential

Size -

Garage Yes

Taxes $2,021

Days Active 0

Lot Size 0.1102 Acres

Approx. Age 1953

MLS® Number 5236900

Property Address: 4618 E 88th St, Garfield Heights, OH, 44125-1334

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

Description

Strong cash-flow opportunity in Garfield Heights! This 4-bedroom, 1-bath investment property offers a solid combination of existing rental income, desirable features, and upside potential. The home features aluminum siding, vinyl windows, central air, and a partially finished basement providing additional usable space. The property also includes a 2-car detached garage and is situated on a quiet residential street. Best of all, it is already occupied by a long-term CMHA tenant paying $1, 600/month with the tenant responsible for all utilities, providing immediate rental income with minimal turnover risk. At a purchase price of $135, 000, the property offers an attractive entry point for investors looking for strong cash flow. With top-end rents in the 44125 ZIP code reaching approximately $2, 158/month, there is also potential rental upside for the future. Projected numbers show a cap rate exceeding 12% and nearly $700/month in cash flow, making this a compelling opportunity for both seasoned investors and those looking to add a strong-performing rental to their portfolio. Long-term tenant. Strong current rent. Utility responsibility to tenant. 2-car garage. Quiet street. Significant rental upside. This is the type of cash-flowing asset investors look for.

MLS® Number5236900

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

GarageYes

Approx. Age1953

Basement

DrivewayDriveway, Detached, Garage

Garage Spaces

HeatForced Air

A/CCentral Air

Extras

How Much House Can I Afford?

Home Estimate Zoopraisal®

This property is estimated to sell between: $119,000 and $143,000.

Similar properties in this area sold on average for: $119,809

Expected to sell in 34 days. Similar properties sold in 34 days. This home has been on Zoocasa for 0 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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