5637 Flowerdale Avenue | Cleveland
INVESTOR OPPORTUNITY: Bedrooms/Bathrooms: 2 bed, 1 bath, 2 Car Detached Garage, Tenant occupied month-to-month, providing immediate cash flow. Tenant pays $800/month plus utilities, with potential for rent increase. The water heater is only ~1 year old, windows have been replaced, and water and sewer lines were replaced ~5 years ago. All appliances are included in the sale. The furnace is approximately 10 years old, and the air conditioning coil is already in place for easy central AC installation. The roof is approximately 10 years old. Situated in Cleveland\u2019s Old Brooklyn neighborhood, this property offers superb access to both retail and transportation hubs, making it attractive to tenants. With a long-term, month-to-month tenant in place, this property offers immediate, passive rental income. The area shows strong demand for rentals, providing an opportunity for rental increases upon turnover or renewal. While the property has several recent updates, there is opportunity for cosmetic enhancements to maximize rental income. MLSNow 5155161 Directions to property: From Fulton or State to Flowerdale.
All information is believed to be reliable, but is not guaranteed and should be independently verified with a real estate professional. Agency Real Estate is a member of the National Association of REALTORS® Equal Housing Opportunity.