Home for Sale at 13170 Forestdale Drive in Garfield Heights, OH for $150,000

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13170 Forestdale Drive | Garfield Heights

$150,000 | 3 Beds | 1 Baths (1 Full) | 0.0 Sq. Ft.

CASH-FLOWING SECTION 8 INVESTMENT WITH RENT UPSIDE!\r\n\r\nAttention investors! Here\u2019s your opportunity to acquire a performing rental property with immediate income and strong upside potential. Currently occupied by a Section 8 tenant paying $1,600 per month ($19,200 annually), this property offers stable cash flow from day one.\r\n\r\nWith market rents supporting approximately $2,200 per month ($26,400 annually) upon future tenant turnover, investors have the opportunity to increase gross rental income by nearly $7,200 per year. Whether you\u2019re looking to expand your portfolio, complete a 1031 exchange, or acquire a reliable buy-and-hold asset, this property checks all the boxes.\r\n\r\nFeatures include a functional layout, strong rental demand, and a location that continues to attract quality tenants. The property is already producing income, eliminating the vacancy risk and lease-up period often associated with new acquisitions.\r\n\r\n? Current Rent: $1,600/month\r\n? Projected Rent: Up to $2,200/month\r\n? Section 8 Income Stability\r\n? Tenant Occupied \u2013 Cash Flow from Day One\r\n? Excellent Buy-and-Hold Opportunity\r\n? Potential for Increased Returns Through Future Rent Adjustments\r\n\r\nOpportunities to purchase performing rental properties with built-in rent growth potential are becoming increasingly difficult to find. Add this income-producing asset to your portfolio and start earning from day one.\r\n\r\nContact your agent today for financial details and a private showing. MLSNow 5214674 Directions to property: Left then right up the hill

MLS Listing ID: 
MLSNow 5214674
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$150,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Residential
Property Sub Type: 
Single Family Residence
Primary Market Area: 
Garfield Heights
Address: 
13170 Forestdale Drive, Garfield Heights, OH 44125
County: 
Cuyahoga
Latitude: 
12.0000000
Longitude: 
24.0000000
Directions: 
Left then right up the hill
Public Remarks: 
CASH-FLOWING SECTION 8 INVESTMENT WITH RENT UPSIDE!\r\n\r\nAttention investors! Here\u2019s your opportunity to acquire a performing rental property with immediate income and strong upside potential. Currently occupied by a Section 8 tenant paying $1,600 per month ($19,200 annually), this property offers stable cash flow from day one.\r\n\r\nWith market rents supporting approximately $2,200 per month ($26,400 annually) upon future tenant turnover, investors have the opportunity to increase gross rental income by nearly $7,200 per year. Whether you\u2019re looking to expand your portfolio, complete a 1031 exchange, or acquire a reliable buy-and-hold asset, this property checks all the boxes.\r\n\r\nFeatures include a functional layout, strong rental demand, and a location that continues to attract quality tenants. The property is already producing income, eliminating the vacancy risk and lease-up period often associated with new acquisitions.\r\n\r\n? Current Rent: $1,600/month\r\n? Projected Rent: Up to $2,200/month\r\n? Section 8 Income Stability\r\n? Tenant Occupied \u2013 Cash Flow from Day One\r\n? Excellent Buy-and-Hold Opportunity\r\n? Potential for Increased Returns Through Future Rent Adjustments\r\n\r\nOpportunities to purchase performing rental properties with built-in rent growth potential are becoming increasingly difficult to find. Add this income-producing asset to your portfolio and start earning from day one.\r\n\r\nContact your agent today for financial details and a private showing.
Community Information
School District: 
Garfield Heights CSD - 1815
Subdivision: 
Cranwood Dev Cos Cranwood Park
Building Details
Details about the building on a property.
Architectural Style: 
A-Frame
Stories: 
2
Year Built: 
1954
Living Area: 
0.0
Construction
Construction Materials: 
Brick
Foundation Details: 
Block
Roof: 
Shingle
Room Details
Details about the rooms in the building.
Total Rooms: 
5
Total Bedrooms: 
3
Total Bathrooms: 
1
Total Full-Bathrooms: 
1
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Forced Air
Cooling System: 
Ceiling Fan(s)
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.24
Lot Size (Area): 
0.24
Lot Features
Parking Type: 
Carport
Public Record
Parcel Number: 
546-10-045
Annual Tax: 
$0.00
Contract Details
Details about the listing contract.
Possession: 
Delivery Of Deed
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
Red 1 Realty, LLC

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