7428 Ottawa Road
Cleveland, OH 44105
- 4 beds
- 1 bath
- 1,376 sqft
- 5,702 sqft lot
- $72 per sqft
- 1910 build
- – on site
Investment Opportunity: 7428 Ottawa Rd, Cleveland, OH 44105 Seize the chance to expand your portfolio with this tenant-occupied investment property in Cleveland's South Broadway neighborhood. This charming 3-bedroom, 1-bathroom single-family home offers a comfortable 1,376 sq. ft. layout, perfect for long-term rental income potential. Built in 1910, this property combines classic charm with rental stability, already occupied to ensure immediate cash flow for investors. Situated in a market with increasing demand and a median sales price trending upward, this home is strategically located near amenities, schools, and transportation, making it attractive to tenants. Key Features: 3 spacious bedrooms and 1 full bathroom Current tenant occupancy for immediate income potential Prime location in a rental-heavy area, with a strong rental market Opportunity for appreciation in a historically stable neighborhood Don’t miss out on this high-potential property – contact us to learn more about lease terms and tenant arrangements (see broker remarks).
Last checked:
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Checking…
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Last updated Nov 27, 2024
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MLS# 5084294 —
The Building
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Year Built:1910
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Year Built Source:PublicRecords
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Construction Materials:AluminumSiding,VinylSiding
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Architectural Style:Colonial
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Levels:Two
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Stories:2
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Roof:Asphalt,Shingle
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Basement:Full
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Basement:true
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Above Grade Finished Area:1376.0
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Above Grade Finished Area Source:Assessor
Interior
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Rooms Total:8
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Fireplace:false
Room Dimensions
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Living Area:1376.0
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Living Area Units:SquareFeet
Location
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Directions:East of E. 71st St
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Latitude:41.45030247
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Longitude:-81.63582963
The Property
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Parcel Number:133-18-028
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Property Type:Residential
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Property Subtype:SingleFamilyResidence
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Property Subtype Additional:SingleFamilyResidence
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Lot Size Acres:0.1309
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Lot Size Area:0.1309
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Lot Size Units:Acres
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Lot Size Source:Assessor
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Waterfront:false
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (304) 395-7262
- Office phone:
- (216) 509-8208
Taxes
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Tax Year:2023
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Tax Legal Description:315 BWW 0171 ALL
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Tax Annual Amount:$1,423
Beds
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Bedrooms Total:4
Baths
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Total Baths:1
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Full Baths:1
The Listing
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Listing Terms:Cash,Conventional
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Home Warranty:false
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Special Listing Conditions:Standard
Heating & Cooling
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Heating:ForcedAir
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Heating:true
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Cooling:None
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Cooling:false
Utilities
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Sewer:PublicSewer
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Water Source:Public
Schools
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Elementary School District:Cleveland Municipal - 1809
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Middle School District:Cleveland Municipal - 1809
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High School District:Cleveland Municipal - 1809
The Community
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Subdivision Name:A M Burke & Others Allotment
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Pool Private:false
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Association:false
Parking
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Garage:false
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Attached Garage:false
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Carport:false
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Parking Features:Driveway
Monthly cost estimate
Asking price
$99,900
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$534
|
| Taxes | $118 |
| Insurance | $27 |
| Utilities | $171 See report |
| Total | $850/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
11/27/24
Nov 27, 2024
|
Listed / Active | MLS_NOW | $99,900 |
36% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $5k above asking price on average, but some went as high as $30k over asking price.
