This excellent cash-flowing single-family home offers a fantastic opportunity for investors looking to add a strong performer to their portfolio. Located in a quiet, tree-lined Cleveland Heights neighborhood. The property features solid bones, a functional layout, and immediate cashflow with a month-to-month tenant inside paying $1100 with a history of reliable payment history. While the interior could benefit from some cosmetic TLC, the bones of the property are seemingly excellent, and the home is ready for your personal vision to truly shine. Whether you're planning to hold for steady rental income or add value through thoughtful updates, this is a terrific opportunity to create real equity. Don't miss out! Reach out today to run the numbers. Videos of the interior and exterior can be provided upon request.
Single-familyProperty Type
1925Year Built
4,800 sq ftLot Size
$82Price/Sq.Ft.
2 car garageParking
Listed by Gabriel Newberry• Lokal Real Estate, LLC.
Cleveland Heights is a City primarily consisting of single-family residences, most of which are owner-occupied. Single-family residences are extremely sensitive to adverse effects from other land uses and require high standards for occupancy and use of the principal building as well as location and use of accessory buildings if these areas are to be maintained and to continue to be good places in which to live. In addition, certain parts of Cleveland Heights have been developed primarily with two-family residences having a similar character to the single-family districts, and it is appropriate that there be a zoning district for this distinctive use. Single-family and two- family district regulations are established to achieve the following particular objectives: (a) The AA Single-Family District is established to provide for single-family residential uses with a minimum lot size of 15,000 square feet, compatible with the existing larger lot developments in areas so defined, as a means of preserving the unique character of these areas.;(b) The A Single-Family District is established to provide for single-family residential uses on smaller lots with a minimum of 7500 square feet.; (c) The B Two-Family District is established to permit single-family units on lots with a minimum of 7,500 square feet and two-family residential uses with a minimum lot size of 10000 square feet.; (d) To encourage as a conditional use flexible residential development to promote creative and efficient use of land through unified development.;(e) To regulate the location and lot coverage of accessory uses, buildings and structures so as to permit such uses to be established and maintained in a manner which makes them compatible with the existing residential neighborhoods.; (f) To encourage sustainable development and practices in residential neighborhoods.
Sep 22, 2005 • Final
Migrated
Work on a driveway.
Grading
Apr 8, 2005 • Final
Migrated
Work on electrical panels.
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 95° expected this year, 16 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Cleveland Heights, OH • 44112
Average low and high temperatures (°F)
30
19
36
23
53
35
61
44
65
52
78
64
83
70
79
65
75
60
65
50
51
41
39
28
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
87/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.9 hrs
4.7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 848 Greyton Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $83,000 and $122,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $83K to $122K.