1330 Elwood RD new Save Request In-Person Tour Request Virtual Tour
East Cleveland,OH 44112
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,660 sqft
Price per Sqft $36
Subdivision Euclid-Shaw Allotment
MLS Listing ID 5170021
Style Colonial
Bedrooms 3
Full Baths 1
Year Built 1917
Annual Tax Amount $529
Tax Year 2024
Lot Size 3,502 Sqft
Property Sub-Type Single Family Residence
Property Description
Here's your chance to become a Real Estate investor overnight! Outstanding investment opportunity in a high-demand area of Cleveland's East Side! This Colonial is currently occupied with a reliable tenant paying $950/month under a 12-month lease that began 03/01/25 and runs through 02/28/26, providing immediate cash flow.
Step onto the inviting front porch and into a bright living room with a cozy fireplace, then flow into the formal dining room and an updated kitchen featuring new cabinets, granite countertops, and modern lighting. Upstairs are three spacious bedrooms and a full bathroom with an updated vanity, plus an unfinished attic offering storage or future expansion potential. The full basement includes glass block windows, laundry hookups, and utility space, and the partially fenced backyard adds outdoor appeal.
Recent updates and improvements make this property truly turnkey. It features wood siding, vinyl windows throughout, younger LVP flooring in hallways, stairs, living areas, kitchen, bathrooms, and bedrooms, updated plumbing, an updated electrical panel, a newer hot water tank (2024), partial roof replacement on the front section (2025), and professional grading (2025). Rent-ready updates completed in 2024 included fresh paint throughout, LVP flooring, updated light fixtures, new kitchen cabinets, and a new hot water tank.
This property offers investors a low-maintenance, rent-ready home with stable income and long-term appreciation potential. Full-service property management is available with dedicated departments for leasing, marketing, and tenant communication. Rehab and construction services are also offered for remote investors.
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Location
State OH
County Cuyahoga
Interior
Heating Forced Air
Cooling None
Fireplaces Number 1
Fireplaces Type Living Room
Laundry In Basement
Exterior
Exterior Feature Balcony
Parking Features Driveway,Off Street
Roof Type Asphalt,Shingle
Building
Sewer Public Sewer
Water Public
Schools
School District East Cleveland Csd - 1812
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional