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$89,500 (USD)
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Low & Edwards Allotment Area Single Family Home

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10001 Yale Avenue Cleveland, OH 44108

4 Bed
1 Baths
2309 sqft
MLS# 5232216
Attention investors! Immediate cash flow from day one with a quality month-to-month tenant who would like to remain, making this an outstanding turnkey investment opportunity. Updated interior photos as of 8/1/2026 showcase a maintained, fully occupied property that is perfect for first-time investors or an excellent addition to an established rental portfolio. Spacious home offers 4 bedrooms with the potential for a 5th bedroom thanks to the finished third floor, which also makes an ideal studio/home office. Flexible floor plan creates future opportunities for increased rental income while appealing to a wide range of tenants. Basement provides abundant storage and utility space, further enhancing the property's long-term value. Mechanically, the home has been maintained with important improvements including an updated electrical panel, plumbing updates, allowing investors to purchase with confidence. The property is located in an investment-friendly area with strong rental demand and is currently professionally managed. Existing management company can remain in place, providing a seamless transition for an out-of-area or hands-off investor. Seller is an out-of-country investor liquidating a portion of their portfolio, creating an excellent opportunity to acquire a proven income-producing asset with future upside potential. Showings will only be permitted after an accepted offer in consideration of the tenant. Please, serious qualified buyers only. No wholesalers and no owner-financing requests. Affordable opportunity to secure a cash-flowing investment with immediate income and long-term potential!
Listing Courtesy of YES MLS / Listed By: Christopher Frederick, Coldwell Banker Schmidt Realty