Property Description

Turnkey cash-flowing opportunity in a prime Cleveland location! Welcome to 1816 E 86th St, a 5-bedroom, 1.5-bath investment property generating $1,900/month in rental income, offering strong, immediate cash flow with low operating expenses. Located in a highly desirable rental corridor, this property is in walking distance to Cleveland Clinic and a short drive to University Hospitals, Case Western Reserve University, and University Circle, making it extremely attractive to tenants seeking proximity to major employment and education hubs. This spacious home offers solid fundamentals with key improvements already completed, including a rebuilt front porch, structural lift with brand-new steel support beams, and a renovated bathroom. Two of the five bedrooms have been recently refreshed with new paint. The property is currently tenant-occupied and producing $1,900/month, with tenants covering gas and electric. While the home is in overall decent condition, it does present an opportunity for future cosmetic improvements. With its strong rent, large bedroom count, minimal expenses, and unbeatable location, this property presents an excellent opportunity for investors seeking high returns and long-term growth in one of Cleveland's most active rental markets.

Property Features

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