17203 Glendale Ave

Cleveland, OH 44128
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3 bd, 2 ba | 1,931 sqft | Built in 1942

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List Price
$154,900

Initial Investment

$42,210

Purchase Price

$154,900

Down Payment

25%

Rent

$1,890

Total Return

$81,221

Annualized Return

26.8%

Cap Rate

8.5%

Gross Yield

14.6%

Cash Flow

$3,874

Appreciation

6.9%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

5,120

HOA

None

Flood Risk

Not Required

This spectacular 3 bed 1.5 bath home is situated on a quiet street surrounded by well maintained & loved homes. Enter the front door to a bright & cheerful living room with a gorgeous fireplace, brand-new bay window & original hardwood floors that flow into the dining room. Just off the dining rooms is an outside porch, a perfect spot for grilling & enjoying your large, fenced backyard. The completely renovated kitchen has all new stainless-steel appliances (1-year warranty included), USB Charging station, new quartz countertops, subway tiled backsplash & stunning new tiled flooring. Heading upstairs you will appreciate the plush new carpet that leads you to 3 updated, freshly painted bedrooms with cool modern ceiling fans. The primary bedroom has a private deck, perfect for enjoying your morning coffee. One of the bedrooms leads you to a walk-up attic that has so much potential. The center hall updated full bath comes with a 5-year warranty on the tub glazing & shower tile refinishing. You'll love the extra living space you get in the partially finished basement that has a nice decorative fireplace & a updated half bath. Brand new AC installed (2023) comes w/an Eco bee smart Thermostat that can be controlled from your smart phone or IOS devices, all new carbon monoxide/smoke detectors & all new stair handrails. Located right off major interstates & just a hop away from the amenities of Shaker Heights. This home is completely turnkey! Very easy to show! Don't miss out!

See more in Analysis
Melissa Lupton
eXp Realty (Melissa Lupton)
OH Agent License #2014004675

Annual Financial Highlights

Expected Rent

$21,546

Expenses

-$5,051

Property Taxes

-$4,200

Loan Payments

-$8,421

Net Cash Flow

$3,874

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:C. Angel Krsacok
Agent License 2020001650
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Certified Agent Brokerage:Melissa Lupton
eXp Realty (Melissa Lupton)
OH Brokerage License 2016006021
SourceMLS Now
MLS #4490041
Last Updated: 09/19/2023 13:09
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