OH > Cleveland > Caroline Mcillraths
Cleveland, OH 44110,14809 Darwin AVE
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Cleveland, OH 44110,14809 Darwin AVE
Cleveland, OH 44110,14809 Darwin AVE
Cleveland, OH 44110,14809 Darwin AVE
Cleveland, OH 44110,14809 Darwin AVE
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Daisy Lane Realty

Daisy Lane Realty

+1(330) 209-3081
$ 85,000
Est. payment /mo
Save
Pending

14809 Darwin AVE Cleveland, OH 44110

3 Beds

1 Bath

4,338 Sqft Lot

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Pending

Purchase Type For Sale

Subdivision Caroline Mcillraths

MLS Listing ID 5110136

Style Colonial

Bedrooms 3

Full Baths 1

HOA Y/N No

Year Built 1915

Annual Tax Amount $872

Tax Year 2024

Lot Size 4,338 Sqft

Acres 0.0996

Property Sub-Type Single Family Residence

Property Description

This well-maintained 3-bedroom, 1-bath home in Cleveland's Collinwood neighborhood is a prime investment, generating $1,418/month in rent, paid directly by CMHA (Cuyahoga Metropolitan Housing Authority). The tenants are secured on a lease through August 2025, transitioning to a month-to-month agreement thereafter. With monthly expenses including property taxes at $72.60, insurance at $52, and water at $43, the estimated net monthly income is $1,252.40, leading to an annual net income of approximately $15,028.80. At a purchase price of $85,000, this property offers an impressive 17.7% return on investment (ROI). Recent updates include a new roof (2023), new hot water tank (2023), and a furnace (2021), making this a low-maintenance, high-yield opportunity in a strong rental market. Don't miss out on this cash-flowing investment—schedule a showing today!

Location

State OH

County Cuyahoga

Rooms

Basement Full

Interior

Heating Forced Air

Cooling None

Fireplace No

Exterior

Parking Features Driveway

Water Access Desc Public

Roof Type Asphalt,Fiberglass

Garage false

Private Pool No

Building

Entry Level Two

Sewer Public Sewer

Water Public

Architectural Style Colonial

Level or Stories Two

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 112-25-042

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Theresa M Seese • McDowell Homes Real Estate Services • Theresa@sellwithseese.com 216-666-1411
agent
Daisy Lane Realty

Brokerage

+1(330) 209-3081 | daisylanerealty2024@gmail.com

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14809 Darwin AVE