Share this with your friends
(440) 539-6347
Real Estate Company
1334 Penhurst Road, Cleveland, OH 44110
- $75,750
- 2
- BD
- 1
- BA
- 734
- SqFt
- Sold Price
- $75,750
- List Price
- $80,000
- Status
- CLOSED
- Style
- Ranch
- Stories
- 1
- MLS#
- 5100743
- Year Built
- 1913
- Closing Date
- Apr 23, 2025
- Bedrooms
- 2
- Bathrooms
- 1
- Living Area
- 734
- Region
- Cleveland
- Township
- Cleveland
Property Description
Attention investors! This fully occupied, turnkey cash flow property is generating guaranteed rent from day one with a long-term, government-subsidized tenant EDEN (similar to CMHA Section 8), paying $1,142 per month—an exceptional 1.43% rent-to-price ratio. Recent capital improvements include a brand-new roof, furnace, hot water tank, electrical panel, and a dry basement—minimizing future maintenance costs. The home is currently a 2-bedroom, 1-bathroom, but with a simple addition of a door, it can be converted into a 3-bedroom value add, increasing rental value and equity. The exterior is low-maintenance with vinyl siding and vinyl windows. Lead inspection passed with certified lab results. With a tenant already in place and no vacancy downtime, this is a true plug-and-play cash flow opportunity.
/u.realgeeks.media/connorsellsohio/Screenshot_2026-08-31_141409.png)
Additional Information
- Taxes
- $634
- Acres
- 0.08
- Sewer
- Public Sewer
- Roof
- Asphalt
- Water
- Public
- Fireplaces
- 1
- Heating
- Forced Air, Gas
- Cooling
- None
- School District
- Cleveland Municipal - 1809
How much is your home worth?
...get instant property value now!
Mortgage Calculator
Listing Courtesy of: Jack Krusinski, jack@21hillrealestate.com With RE/MAX Above & Beyond
Selling Office: Key Realty.The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS Now and updated as of . Real estate listings held by brokerage firms other than Real Estate Company are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s).
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information provided is deemed reliable but is not guaranteed and should be independently verified. © 2026 MLS Now. All Rights Reserved.