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10905 Penfield AVE Garfield Heights, OH 44125
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Key Details
Sold Price $95,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,248 sqft
Price per Sqft $76
Subdivision Granger Estates Sub
MLS Listing ID 5034694
Sold Date 06/24/24
Style Colonial
Bedrooms 3
Full Baths 1
Half Baths 1
Construction Status Updated/Remodeled
HOA Y/N No
Abv Grd Liv Area 1,248
Year Built 1953
Annual Tax Amount $2,806
Tax Year 2023
Lot Size 4,965 Sqft
Acres 0.114
Property Description
This single-family rental is a well-maintained property featuring three bedrooms and one-and-a-half bathrooms, complete with central air conditioning throughout. It's currently leased to tenants who pay $1,049 per month (plus paying all of their own utilities), with the lease extending until September 2024. The house boasts beautiful hardwood floors and includes a large two-car detached garage. This investment opportunity offers a straightforward, hands-off approach, and although it's currently rented below market value, there's potential for increased rental income to $1,400 after the current lease ends with only minor cosmetic improvements.
Location
State OH
County Cuyahoga
Rooms
Basement Full
Main Level Bedrooms 2
Interior
Heating Forced Air, Gas
Cooling Central Air
Fireplace No
Laundry In Basement
Exterior
Parking Features Detached, Garage
Garage Spaces 2.0
Garage Description 2.0
Water Access Desc Public
Roof Type Asphalt,Fiberglass,Shingle
Private Pool No
Building
Sewer Public Sewer
Water Public
Architectural Style Colonial
Level or Stories Three Or More
Construction Status Updated/Remodeled
Schools
School District Garfield Heights Csd - 1815
Others
Tax ID 542-21-052
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Financing Cash
Special Listing Condition Standard
Read Less
Bought with Chanell Starks • BHR & Associates