1330 Elwood Rd, Cleveland, OH 44112

Description

No wholesalers. No Seller financing. No low ball offers. No wholesalers, no creative financing, no seller financing. Here's your chance to become a Real Estate investor overnight! Outstanding investment opportunity in a high-demand area of Cleveland’s East Side! This Colonial is currently occupied with a reliable tenant paying $950/month under a 12-month lease that began 03/01/25 and runs through 02/28/26, providing immediate cash flow.

Step onto the inviting front porch and into a bright living room with a cozy fireplace, then flow into the formal dining room and an updated kitchen featuring new cabinets, granite countertops, and modern lighting. Upstairs are three spacious bedrooms and a full bathroom with an updated vanity, plus an unfinished attic offering storage or future expansion potential. The full basement includes glass block windows, laundry hookups, and utility space, and the partially fenced backyard adds outdoor appeal.

Recent updates and improvements make this property truly turnkey. It features wood siding, vinyl windows throughout, younger LVP flooring in hallways, stairs, living areas, kitchen, bathrooms, and bedrooms, updated plumbing, an updated electrical panel, a newer hot water tank (2024), partial roof replacement on the front section (2025), and professional grading (2025). Rent-ready updates completed in 2024 included fresh paint throughout, LVP flooring, updated light fixtures, new kitchen cabinets, and a new hot water tank.

This property offers investors a low-maintenance, rent-ready home with stable income and long-term appreciation potential. Full-service property management is available with dedicated departments for leasing, marketing, and tenant communication. Rehab and construction services are also offered for remote investors.

Reach out to learn more!