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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