$105,000
$105,000
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16713 Lotus DR Cleveland, OH 44128
3 Beds
1 Bath
987 SqFt
Key Details
Sold Price $105,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 987 sqft
Price per Sqft $106
Subdivision Joseph Laronge Cos Courtland
MLS Listing ID 5219466
Sold Date 08/14/26
Style Cape Cod
Bedrooms 3
Full Baths 1
HOA Y/N No
Abv Grd Liv Area 987
Year Built 1949
Annual Tax Amount $1,723
Tax Year 2025
Lot Size 6,616 Sqft
Acres 0.1519
Property Sub-Type Single Family Residence
Property Description
Cash-flowing single-family rental opportunity in the Lee-Miles area of Cleveland, conveniently located near Shaker Heights, Beachwood, I-480, shopping, parks, and other area amenities. This 3-bedroom, 1-bath Cape Cod is currently rented for $1,135/month to a long-term month-to-month tenant. The property has been well maintained and features hardwood floors, a dimensional shingle roof, a 2023 water heater, and a modern furnace. Furnace age is unknown. The property offers plenty of upside in both rent and future valuation, and the tenant pays all utilities, creating a straightforward rental setup for the next owner. Offered at $105k, this property is priced to reflect its as-is sale and long-term investment potential. Property is tenant-occupied. Please do not disturb the tenant. Showings will be restricted until there is an accepted offer. Available individually or as part of a 3-property package. Photos prior to tenant move in.
Location
State OH
County Cuyahoga
Rooms
Basement Full
Main Level Bedrooms 2
Interior
Heating Forced Air, Gas
Cooling None
Fireplace No
Exterior
Parking Features No Garage, Paved
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Porch Porch
Private Pool No
Building
Sewer Public Sewer
Water Public
Architectural Style Cape Cod
Level or Stories One and One Half, Two
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 141-17-011
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Financing Cash
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Bought with Michael Azzam • RE/MAX Haven Realty