16902 Lotus Drive, Cleveland, OH 44128

$136,500
3
BD
1
BA
1,170
SqFt

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Sold Price
$136,500
List Price
$139,900
Status
CLOSED
Style
Bungalow
Stories
2
MLS#
5159043
Year Built
1947
Closing Date
Nov 26, 2025
Bedrooms
3
Bathrooms
1
Living Area
1,170
Region
Cleveland
Township
Cleveland
Subdivision / Building
Courtland Heights

Property Description

Here’s your opportunity to become a real estate investor overnight! Step right into a hands-off investment with guaranteed income from day one! This fully updated bungalow in Cleveland offers 3 bedrooms, 1 bathroom, and 987 sq ft of modernized living space. Currently leased at $1,300/month through 05/31/2026, it provides stable, long-term cash flow with a tenant already in place! Inside, enjoy fresh paint throughout, vinyl windows, and a bright layout with new luxury vinyl plank flooring! The kitchen shines with brand-new cabinetry, granite countertops, and modern finishes! The bathroom has been completely updated with a tiled tub surround, new vanity, new fixtures, and new toilets! Upstairs, you’ll find newly carpeted bedrooms, while the finished basement with LVP flooring offers extra living or storage space! Major updates include a new hot water tank, furnace, updated electrical panel, and central air conditioning, giving you comfort and peace of mind for years to come! Located in Cleveland, Ohio, this property is surrounded by residential charm with the convenience of nearby schools, local businesses, and a variety of parks and green spaces perfect for outdoor activities! Plus, quick highway access makes commuting to downtown Cleveland a breeze! Professional management is in place and willing to stay on! Full-service management includes dedicated departments for leasing, marketing, and tenant communication. Plus, rehab and construction services are available for remote investors, making this a truly hands-off investment! Don’t miss out on this cash-flowing opportunity – reach out to learn more!

Additional Information

Taxes
$1,624
Acres
0.15
Sewer
Public Sewer
Roof
Asphalt, Shingle
Water
Public
Garage Spaces
1
Heating
Forced Air
Cooling
Central Air
School District
Cleveland Municipal - 1809

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

Selling Office: RE/MAX Haven Realty.

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