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4137 E 59 Th Street
Cleveland, OH 44105
Christopher Frederick with Schmidt Realty, original listing - (440) 777-8500

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Property Details


List Price: $64,500
Beds: 3
Baths: Full: 1
Status: Active
SqFt: 1747 Square Feet
Agency: Schmidt Realty
Agency Phone: (440) 777-8500

Map Details Show Map | Show StreetView




Description/Comments


Lot Size: 0 acre(s)
Property Type: Residential-Single Family Residence
Year Built: 1910
Notes: -Attention All Investors – Foreclosure Opportunity! Don’t miss this rare chance to scoop up a turnkey investment property that's vacant, easy to show, and ready for its next tenant with some cleaning! This solid 3-bedroom Cape Cod sits on a quiet, low-traffic street with a private backyard and has seen several updates over the past 6–7 years. With a little cleanup from the prior tenant that recently moved out, it’s rent-ready and offers strong income potential, with current market rents that are very affordable. Whether you're a seasoned investor or just getting started, this home is an excellent addition to your portfolio. The property features a full basement, a comfortable layout, and prior cosmetic and mechanical updates. It's in a transitioning area with rising values and rents, making it a smart long-term play. Investors have the option to self-manage or continue with professional property management already in place. Financing options available: Cash, hard money, or owner financing with 20% down (approx. 9% interest, 2-year balloon). Please note: No wholesalers. End-user buyers only. Photos show the home’s potential and updates—serious inquiries only. Proof of funds or pre-approval is required for all showings. Don’t wait—schedule your tour today and take advantage of this income-producing opportunity with immediate cash flow!
MlsNumber: --
ListingId: 5116661


Listing Provided By: Schmidt Realty, original listing
Phone: (216) 210-7653
Office Phone: (440) 777-8500
Agent Name: Christopher Frederick
Disclaimer: Copyright © 2025 Coldwell Banker Schmidt REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


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Kathryn Cassidy NMLS#1987476
ASCIIBeacon of Hope Residential
Call Today!: (216) 346-9583

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