13215 Grannis RD new Save Request In-Person Tour Request Virtual Tour
Garfield Heights,OH 44125
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,087 sqft
Price per Sqft $110
Subdivision Huber Allotment 01
MLS Listing ID 5143469
Style Cape Cod
Bedrooms 3
Full Baths 1
Year Built 1943
Annual Tax Amount $3,826
Tax Year 2024
Lot Size 4,617 Sqft
Property Sub-Type Single Family Residence
Property Description
Turnkey cash flow in red-hot Garfield Heights (44125)! This charming three-bedroom, one-bath home is currently rented at $1,300/month on a flexible month-to-month lease, with strong pro forma upside to $1,700+ as values in the area continue to climb. The tenant covers all utilities, landscaping, and snow removal keeping operating costs low and returns high. You're stepping into a solid 7% cap rate today, with a clear runway to 10%+ ROI with a simple rent adjustment or lease update. Inside, the property shines with hardwood and vinyl plank flooring, newer carpet upstairs, central air, a solid roof, and a partially finished basement ready for entertaining. A smart, hassle-free investment in one of Cleveland's most in-demand neighborhoods, act fast! POS has been ordered and will need to be assumed by the buyer.
Location
State OH
County Cuyahoga
Interior
Heating Forced Air,Gas
Cooling Central Air
Laundry In Basement
Exterior
Parking Features Detached,Garage,Paved
Garage Spaces 1.0
Garage Description 1.0
Roof Type Asphalt,Shingle
Building
Sewer Public Sewer
Water Public
Schools
School District Garfield Heights Csd - 1815
Others
Acceptable Financing Cash,Conventional,1031 Exchange
Listing Terms Cash,Conventional,1031 Exchange
Special Listing Condition Standard