Garfield Heights, OH 44125,13215 Grannis RD
Garfield Heights, OH 44125,13215 Grannis RD
Garfield Heights, OH 44125,13215 Grannis RD
$113,000
Est. payment /mo
$119,900
5.8%
Est.Price: ?

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3 Beds
1 Bath
1,087 SqFt
SOLD DATE : 10/09/2025

Key Details

Sold Price $113,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 1,087 sqft

Price per Sqft $103

Subdivision Huber Allotment 01

MLS Listing ID 5143469

Style Cape Cod

Bedrooms 3

Full Baths 1

Year Built 1943

Annual Tax Amount $3,826

Tax Year 2024

Lot Size 4,617 Sqft

Property Sub-Type Single Family Residence

Property Description

Turnkey cash flow in red-hot Garfield Heights (44125)! This charming three-bedroom, one-bath home is currently rented at $1,300/month on a flexible month-to-month lease, with strong pro forma upside to $1,700+ as values in the area continue to climb. The tenant covers all utilities, landscaping, and snow removal keeping operating costs low and returns high. You're stepping into a solid 7% cap rate today, with a clear runway to 10%+ ROI with a simple rent adjustment or lease update. Inside, the property shines with hardwood and vinyl plank flooring, newer carpet upstairs, central air, a solid roof, and a partially finished basement ready for entertaining. A smart, hassle-free investment in one of Cleveland's most in-demand neighborhoods, act fast! POS has been ordered and will need to be assumed by the buyer.

Location

State OH

County Cuyahoga

Interior

Heating Forced Air, Gas

Cooling Central Air

Laundry In Basement

Exterior

Parking Features Detached, Garage, Paved

Garage Spaces 1.0

Garage Description 1.0

Roof Type Asphalt,Shingle

Building

Sewer Public Sewer

Water Public

Schools

School District Garfield Heights Csd - 1815

Others

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Standard

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Northern Ohio Regional MLS (YES-MLS)
Listed by Tal Tamir • Russell Real Estate Services • tal@premierclevelandinvesting.com, 216-870-8687
Bought with James P Wise • The Holton-Wise Property Group LLC

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