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3 Beds
1 Bath
1,660 sqft

$60,000

1330 Elwood Road, East Cleveland OH, 44112

Price per sqft$36.14
Built in1917
Property size1,660 sqft
Property typeResidential

Overview

Active

Listed Nov 5, 2025

Updated 2 days ago

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!

$399/mo

Est. mortgage payment based on a $60,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
5170021

Interior Features

Bedrooms
3
Bathrooms
1
Fireplace
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.08 Acres

Other Property Details

Taxes
$529
Tax Frequency
Annually
Municipality
East Cleveland

Courtesy of RE/MAX Haven Realty

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Valerie Park shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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