5716 Hosmer Avenue, Cleveland, OH 44105

Cleveland
Local realty services provided by:ERA Real Solutions Realty
5716 Hosmer Avenue,Cleveland, OH 44105
$105,000
  • 3 Beds
  • 1 Baths
  • 1,008 sq. ft.
  • Single family
  • Active
Listed by: amanda turney
Office: russell real estate services
MLS#:5251348
Source:OH_NORMLS

Price summary

  • Price:$105,000
  • Price per sq. ft.:$104.17

About this home

Excellent Rental Property Purchase - this one of 3 is a 1,008 sq. ft. Bungalow featuring 3 bedrooms, 1 bathroom, 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:1900
  • Subdivision & Development:Dippel & Pitras Resub
  • Listing ID #:5251348
  • Added:1 day(s) ago
  • Updated:October 07, 2026 at 09:40 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:1
  • Full bathrooms:1
  • Rooms Total:6
  • Kitchen Description:Range, Refrigerator
  • Basement:Yes
  • Basement Description:Unfinished
  • Living area:1,008 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Asphalt, Shingle
  • Year built:1900
  • Building area:1,008 sq. ft.
  • Lot area:0.08 Acres
  • Architectural Style:Bungalow
  • 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.:$104.17
  • Tax amount:$1,388 (2025)

Features and amenities

  • Appliances:Range, Refrigerator, Washer
  • Laundry features:Dryer, Washer

Parking

  • Parking description:Detached, Garage
  • Garage:Yes
  • Garage spaces:1
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