13215 Grannis Road, Garfield Heights, OH 44125

$113,000
3
BD
1
BA
1,087
SqFt

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Sold Price
$113,000
List Price
$119,900
Status
CLOSED
Style
Cape Cod
MLS#
5143469
Year Built
1943
Closing Date
Oct 09, 2025
Bedrooms
3
Bathrooms
1
Living Area
1,087
Region
Garfield Heights
Township
Garfield Heights
Subdivision / Building
Huber Allotment 01

Property Description

Turnkey cash flow in red-hot Garfield Heights (44125)! This charming three-bedroom, one-bath home is currently rented at $1,300/month on a flexible month-to-month lease, with strong pro forma upside to $1,700+ as values in the area continue to climb. The tenant covers all utilities, landscaping, and snow removal keeping operating costs low and returns high. You're stepping into a solid 7% cap rate today, with a clear runway to 10%+ ROI with a simple rent adjustment or lease update. Inside, the property shines with hardwood and vinyl plank flooring, newer carpet upstairs, central air, a solid roof, and a partially finished basement ready for entertaining. A smart, hassle-free investment in one of Cleveland’s most in-demand neighborhoods, act fast! POS has been ordered and will need to be assumed by the buyer.

Additional Information

Taxes
$3,826
Acres
0.11
Sewer
Public Sewer
Roof
Asphalt, Shingle
Water
Public
Garage Spaces
1
Heating
Forced Air, Gas
Cooling
Central Air
School District
Garfield Heights CSD - 1815

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Listing Courtesy of: Tal Tamir, tal@premierclevelandinvesting.com With Russell Real Estate Services

Selling Office: The Holton-Wise Property Group LLC.

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