3707 E 54th Street, Cleveland, OH 44105
Local realty services provided by:ERA Real Solutions Realty
3707 E 54th Street,Cleveland, OH 44105
$105,000
- 3 Beds
- 1 Baths
- 1,440 sq. ft.
- Single family
- Active
Listed by: amanda turney
Office: russell real estate services
MLS#:5251295
Source:OH_NORMLS
Price summary
- Price:$105,000
- Price per sq. ft.:$72.92
About this home
Excellent Rental Property Purchase - this one of 3 is a 1,440 sq. ft. Cape Cod featuring 3 bedrooms, 1 bathroom, a full basement, and a detached 2-car garage. Offered individually at $105,000 ONLY as part of a 3-property Investment Portfolio Package for $315,000 total. Full Portfolio Purchases only. All 3 Properties are Strictly Included a single sale - this equals 3 Single Family Rental Properties with tenants in place!
One package asset is already CMHA subsidized, providing guaranteed income stability. This high-performance portfolio generates a $47,724.00 Gross Annual Rent, a 6.60x GRM, and a strong Net Operating Income (NOI) of $41,347.20.
Features an efficient 13.36% Operating Expense Ratio (OER) with a verified net lease structure where tenants pay 100% of standard utility outlays. Sold strictly AS-IS with a 0% vacancy rate assumption. Capitalize on immediate, optimized cash flow!
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Home facts
- Year built:1910
- Subdivision & Development:Stanley
- Listing ID #:5251295
- Added:12 day(s) ago
- Updated:October 20, 2026 at 02:13 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:1
- Full bathrooms:1
- Rooms Total:6
- Kitchen Description:Refrigerator
- Basement:Yes
- Basement Description:Unfinished
- Living area:1,440 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Asphalt, Shingle
- Year built:1910
- Building area:1,440 sq. ft.
- Lot area:0.1 Acres
- Construction Materials:Vinyl Siding
- Levels:1 Story, 1 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$105,000
- Price per sq. ft.:$72.92
- Tax amount:$1,440 (2025)
Features and amenities
- Appliances:Refrigerator, Washer
- Laundry features:Dryer, Washer
Parking
- Parking description:Detached, Garage
- Garage:Yes
- Garage spaces:2
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