849 S Green Road, South Euclid, OH 44121

$129,000
4
BD
1
BA
1,281
SqFt

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Sold Price
$129,000
List Price
$130,000
Status
CLOSED
Style
Cape Cod
Stories
2
MLS#
5149774
Year Built
1942
Closing Date
Sep 08, 2025
Bedrooms
4
Bathrooms
1
Living Area
1,281
Region
South Euclid
Township
South Euclid
Subdivision / Building
South Euclid Parkview

Property Description

Turnkey Investment Opportunity – Tenant in Place! Here’s your chance to become a real estate investor overnight with this fully renovated and tenant-occupied 4-bedroom, 1-bath property offering 1,281 sq ft of income-producing space. The tenant moved in February 2025 on a 12-month lease through February 2026 at $1,255 per month, delivering immediate cash flow. Tenant covers utilities, lawn care, and snow removal, reducing landlord expenses. Recent updates include fresh neutral paint, new central air conditioning, a brand-new hot water tank, updated light fixtures, smoke and CO detectors, a refreshed bathroom, carpet cleaning, furnace maintenance, and professional deep cleaning. Original hardwood floors add durability and long-term appeal, while the full basement provides storage and future value-add potential. System and safety upgrades minimize ongoing maintenance, making this a low-risk, stabilized investment. With a decade of real estate and construction experience, the turnkey provider offers a professional, streamlined process for a seamless transition to your portfolio. Financing is straightforward with 20% down, and professional management is available and willing to stay on, delivering leasing, marketing, tenant communication, maintenance, and rehab support for remote investors. South Euclid is a strong rental market with consistent demand, proven appreciation, and convenient access to downtown Cleveland, University Circle, and major employers such as Cleveland Clinic. Local attractions include Cedar Center North, Mayfield shopping and dining, Euclid Creek Reservation, and Bexley Park, all adding to neighborhood desirability. This is a true turnkey rental with a paying tenant in place, strong market fundamentals, and professional management support—an ideal addition for both new and seasoned investors.

Additional Information

Taxes
$2,981
Acres
0.23
Sewer
Public Sewer
Roof
Asphalt, Shingle
Water
Public
Heating
Forced Air
Cooling
None
School District
South Euclid-Lyndhurst - 1829

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Calculator source: Real Geeks

Listing Courtesy of: Michael Azzam, mike@theazzamgroup.com With RE/MAX Haven Realty

Selling Office: Howard Hanna.

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