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$159,000
13 Days On Site

17005 Lipton Avenue
Cleveland, OH 44128

For Sale|Single Family Residence|Active
5
Beds
2
Total Baths
2
Full Baths
1,792
SqFt
$89
/SqFt
1957
Built
Subdivision:
William J Langs Lee Heights
County:
Cuyahoga
Call Now: 440-617-2500
Is this the listing for you? We can help make it yours.
440-617-2500
17005 Lipton Avenue17005 Lipton Avenue17005 Lipton Avenue17005 Lipton Avenue
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ATTENTION INVESTORS: TURNKEY HUGE CASH COW IN PRIME LOCATION — $2,043/MO, CMHA SECTION 8! Fully rehabbed, completely remodeled, this turnkey single-family rental is currently bringing in $2,043/mo ($1,943 from CMHA--Excellent 95% split!). Stable, happy, cooperative tenant in place under CMHA Section 8, with massive government-backed income! Massive rents, huge cash flow, excellent DSCR ratio! Located on an excellent, high-demand and quiet street, this asset delivers Maple Heights-level rents and demand, but with low Cleveland taxes, boosting yield. Homes here rent quickly and remain occupied long-term. MAJOR CAPEX COMPLETED! Interior was fully remodeled: brand-new kitchen cabinets, countertops and faucets, updated bathroom, refinished basement, new lighting throughout, new kitchen tile flooring, and BRAND NEW LOW-E WINDOWS (dual-pane energy-efficient vinyl windows) throughout. Modern, low-maintenance, and a long-term CapEx saver. LEAD BASED PAINT CERTIFIED! Lead-based paint testing completed and passed, and the property is Cleveland Lead-Safe certified in compliance with city requirements . Reports are available upon request. Fully rehabbed, rent-stabilized, quality remodel, well maintained, low-maintenance asset. Strong lease is transferrable and very owner-protective. PART OF A LARGER STABILIZED SECTION 8 PORTFOLIO — INQUIRE FOR INFORMATION ON OTHER LISTINGS. Do not disturb tenants. Showings after accepted offer.

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Listing Snapshot
Price 
$159,000
Days On Site 
13 Days
Bedrooms 
5
Inside Area (SqFt) 
1,792 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
0.1469 Acres
Year Built 
1957
MLS® Number 
5136101
Status 
Active
Property Tax 
$730
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing first seen on site
2 weeks agoListing updated with changes from the MLS®
General Features
Acres 
0.1469
Foundation 
Block
Number Of Stories 
2
Parking 
Off Street
Property Sub Type 
Single Family Residence
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Above 
912
SqFt Below 
880
Stories 
Two
Style 
Conventional
Water Source 
Public
Interior Features
Appliances 
RangeRefrigerator
Basement 
Full
Heating 
Natural GasForced Air
Main Level Bedrooms 
3
Window Features 
Double Pane Windows
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Exterior Features
Construction Details 
Brick
Roof 
Shingle
Windows/Doors 
Double Pane Windows
Community Features
School District 
Cleveland Municipal - 1809
Township 
Cleveland
Schools
School District
Cleveland Municipal - 1809
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Scott A Marvin of Team Results Realty



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Neighborhood & Commute
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