12414 Forest Grove AVE, Cleveland, OH 44108
12414 Forest Grove AVE, Cleveland, OH 44108
12414 Forest Grove AVE, Cleveland, OH 44108
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$69,000
Est. payment /mo
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3 Beds
1 Bath
1,172 SqFt
Price Dropped by $3K

12414 Forest Grove AVE Cleveland, OH 44108

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,172 sqft

Price per Sqft $58

Subdivision Elworthy-Helwick Companys Bun

MLS Listing ID 5184638

Style Colonial

Bedrooms 3

Full Baths 1

HOA Y/N No

Abv Grd Liv Area 1,172

Year Built 1914

Annual Tax Amount $1,420

Tax Year 2025

Lot Size 3,319 Sqft

Acres 0.0762

Property Sub-Type Single Family Residence

Stories Two

Story Two

Property Description

Looking for your next deal? Well you've scrolled to the right one! Cash-flowing in the Glenville neighborhood- this 3bd/1ba rental will add immediate income to your portfolio. Long term tenants in place at $900/mos paying all utilities including water and sewer. Property meets 1% rent rule with room to increase offering built-in upside. Market rent $1200-1400 (CMHA $1683). Cap rate 10% and just meets 70% ARV. New furnace & ductwork (2025) plus 1-year home warranty for added protection. Professional property management in place, making this an ideal hands-off investment for new, seasoned, or out-of-state buyers. Located in a high demand rent area and less than 10 minutes from Cleveland's cultural and job hub- University Circle, where you'll find the Museum of Art, Natural History, CWRU, Cleveland Clinic Main Campus, and Univ. Hospital. Don't miss out on this easy win!

Location

State OH

County Cuyahoga

Rooms

Basement Unfinished

Interior

Heating Forced Air

Cooling None

Fireplaces Number 1

Fireplace No

Exterior

Parking Features Detached, Garage

Garage Spaces 1.0

Garage Description 1.0

Water Access Desc Public

Roof Type Asphalt,Shingle

Private Pool No

Building

Sewer Public Sewer

Water Public

Architectural Style Colonial

Level or Stories Two

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 110-24-088

Special Listing Condition Standard


Northern Ohio Regional MLS (YES-MLS)
Listed by Athena T Nimmer • Keller Williams Greater Metropolitan • nimmerknows@gmail.com, 216-312-5959

NEARBY SCHOOL & BUSINESS

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Samantha Welch

Samantha Welch

Agent | OH | License ID: C2010001984

+1(740) 238-1838

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12414 Forest Grove AVE