Home for Sale at 3663 E 54th Street in Cleveland, OH for $110,000

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3663 E 54th Street | Cleveland

$110,000 | 3 Beds | 1 Baths (1 Full) | 1,238 Sq. Ft.

ATTENTION INVESTORS \u0026 FIRST-TIME BUYERS \u2014 Newly refinished, move-in ready 3-bedroom, 1-bath home located in a strong rental corridor with projected returns well above the 1% rent rule. Previously rented through the Section 8 program at over $1,400/month prior to renovations, offering excellent cash flow (well over 1% rule) potential for investors seeking a turnkey addition to their portfolio. This property has been thoughtfully updated with fresh paint and new carpet throughout, granite countertops, and numerous major mechanical improvements including a newer furnace, newer electrical panel, and newer hot water heater, helping to reduce immediate maintenance concerns and capital expenditures. The home offers a functional layout, solid rental history potential, and an affordable entry point into homeownership or real estate investing. Ideal for: Buy-and-hold investors, Section 8 investors, cash-flow focused portfolios, first-time homebuyers looking to build equity instead of rent. Vacant and easy to show. Priced aggressively for a quick sale. Opportunities at this price point with this level of updates and income potential are becoming increasingly difficult to find in today\u2019s market. MLSNow 5235668 Directions to property: East/West on Fleet Ave, north on East 54th St.

MLS Listing ID: 
MLSNow 5235668
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$110,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Residential
Property Sub Type: 
Single Family Residence
Primary Market Area: 
Cleveland
Address: 
3663 E 54th Street, Cleveland, OH 44105
County: 
Cuyahoga
Latitude: 
41.4585580
Longitude: 
-81.6518400
Directions: 
East/West on Fleet Ave, north on East 54th St.
Public Remarks: 
ATTENTION INVESTORS \u0026 FIRST-TIME BUYERS \u2014 Newly refinished, move-in ready 3-bedroom, 1-bath home located in a strong rental corridor with projected returns well above the 1% rent rule. Previously rented through the Section 8 program at over $1,400/month prior to renovations, offering excellent cash flow (well over 1% rule) potential for investors seeking a turnkey addition to their portfolio. This property has been thoughtfully updated with fresh paint and new carpet throughout, granite countertops, and numerous major mechanical improvements including a newer furnace, newer electrical panel, and newer hot water heater, helping to reduce immediate maintenance concerns and capital expenditures. The home offers a functional layout, solid rental history potential, and an affordable entry point into homeownership or real estate investing. Ideal for: Buy-and-hold investors, Section 8 investors, cash-flow focused portfolios, first-time homebuyers looking to build equity instead of rent. Vacant and easy to show. Priced aggressively for a quick sale. Opportunities at this price point with this level of updates and income potential are becoming increasingly difficult to find in today\u2019s market.
Community Information
School District: 
Cleveland Municipal - 1809
Building Details
Details about the building on a property.
Architectural Style: 
Colonial
Stories: 
2
Year Built: 
1910
Living Area: 
1,238
Basement: 
Full,Unfinished
Construction
Construction Materials: 
Aluminum Siding
Roof: 
Asphalt,Fiberglass
Room Details
Details about the rooms in the building.
Total Bedrooms: 
3
Total Bathrooms: 
1
Total Full-Bathrooms: 
1
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Forced Air,Gas
Cooling System: 
None
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.09
Lot Size (Area): 
0.09
Lot Features
Parking Type: 
Driveway,Detached,Garage,Paved
Public Record
Parcel Number: 
131-35-070
Annual Tax: 
$1,285.00
Contract Details
Details about the listing contract.
Possession: 
Delivery Of Deed
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
ADT Realty Brokers

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