Lake Home For Sale near Lake Erie - Cuyahoga County
High-Yield Investment Opportunity in North Collinwood! This well-maintained 3-bedroom, 1-bath home in Cleveland's North Collinwood neighborhood is a turnkey investment, currently generating $1,377/month in rent- paid directly by CMHA (Cuyahoga Metropolitan Housing Authority). Tenants are secured with a lease through April 2026, transitioning to month-to-month afterward, offering ongoing, stable cash flow. With low monthly expenses-property taxes at $62.60, insurance at $52, and water at $43-the estimated net monthly income is $1,282. That translates to an impressive annual net income of approximately $15,028.80. Offered at just $85,000, this property delivers a strong 17.7% ROI in one of Cleveland's consistent rental markets. Don't miss this chance to add a solid performer to your portfolio-schedule your showing today!Property Details
- Beds: 3
- Baths: 1.0
- Year Built: 1905
- Location: Lake Erie - Cuyahoga County
- Acres: 0.153
- County: Cuyahoga County
- Community: Theodore Jenne Et Al
- Heat/AC: Forced Air
- Garage: On Street
- Siding: AluminumSiding
- Roof: Fiberglass, Asphalt
- Stories: 2
- Fireplaces: Has Fireplace
- Property Taxes: $749
- MLS #: 5124748
Location
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Contact Information:
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Listing Agent: Theresa M Seese, McDowell Homes Real Estate Services, 216-666-1411, 440-205-2000 Listing Site, Listing Status: Active
Copyright © 2025 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Ad Statistics:
| Ad Number : | 6943189 |
| Viewed: | 2 times |
| Added: | Nov 18, 2025 |
| Updated on: | Nov 18, 2025 |
| All information provided is deemed reliable but is not guaranteed and should be independently verified. | |
