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Tom Garuccio

tom@garucciogroup.com +1(440) 754-7449

$ 79,500

Est. payment | -/mo

3 Beds

1 Bath

1,052 SqFt

Save

$ 79,500

Est. payment | -/mo

Save

3 Beds

1 Bath

1,052 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,052 sqft

Price per Sqft $75

MLS Listing ID 5237655

Style Bungalow

Bedrooms 3

Full Baths 1

Construction Status Updated/Remodeled

HOA Y/N No

Abv Grd Liv Area 1,052

Year Built 1900

Annual Tax Amount $599

Tax Year 2025

Lot Size 4,356 Sqft

Acres 0.1

Property Sub-Type Single Family Residence

Property Description

TURNKEY 11%+ CAP RATE. Lease agreement recently renewed at $1,100/mo. Tenant pays ALL utilities! Incredible opportunity to acquire a fully stabilized, income-producing asset generating $1,100/month. Located at 3003 Nursery Ave, this beautifully updated 3-bedroom, 1-bathroom home offers 1,052 sq. ft. of living space on a generous 4,356 sq. ft. lot. This property offers true peace of mind for an investor, as all major CapEx items have been completely addressed. Recent capital improvements include a part of the roof is brand-new, an entirely new plumbing system, a brand-new heating system, a new hot water tank, a newly constructed garage, and fresh flooring throughout. The bathroom has been updated with new fixtures and toilets. Furthermore, the property features comprehensive exterior basement waterproofing—a massive value-add ensuring long-term structural integrity and low maintenance. With all the heavy lifting already completed and a solid tenant in place, this is a day-one performing asset perfect for both local and out-of-state portfolios.

Location

State OH

County Cuyahoga

Rooms

Basement Concrete

Main Level Bedrooms 3

Interior

Interior Features Ceiling Fan(s)

Heating Forced Air

Cooling None

Fireplaces Number 1

Fireplace Yes

Appliance Microwave, Range, Refrigerator

Exterior

Parking Features Concrete, Gated, On Site

Garage Spaces 1.0

Carport Spaces 3

Garage Description 1.0

Fence Fenced, Front Yard

Water Access Desc Public

Roof Type Asphalt

Porch Front Porch

Private Pool No

Building

Lot Description Front Yard, Many Trees

Story 2

Sewer Public Sewer

Water Public

Architectural Style Bungalow

Level or Stories One and One Half, Two

Construction Status Updated/Remodeled

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 123-20-030

Acceptable Financing Cash, Conventional, VA Loan

Listing Terms Cash, Conventional, VA Loan

IDX - Northern Ohio Regional MLS (YES-MLS)/MLS NOW

Listed by Anita Vargas • RE/MAX Above & Beyond • vargas.anita258@gmail.com, 216-533-6242

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(440) 754-7449

tom@garucciogroup.com

3003 Nursery AVE Cleveland, OH 44127