16713 Lotus Drive, Cleveland, OH 44128

$105,000
3
BD
1
BA
987
SqFt

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Sold Price
$105,000
List Price
$105,000
Status
CLOSED
Style
Cape Cod
Stories
2
MLS#
5219466
Year Built
1949
Closing Date
Aug 14, 2026
Bedrooms
3
Bathrooms
1
Living Area
987
Region
Cleveland
Township
Cleveland
Subdivision / Building
Joseph Laronge Cos Courtland

Property Description

Cash-flowing single-family rental opportunity in the Lee-Miles area of Cleveland, conveniently located near Shaker Heights, Beachwood, I-480, shopping, parks, and other area amenities. This 3-bedroom, 1-bath Cape Cod is currently rented for $1,135/month to a long-term month-to-month tenant. The property has been well maintained and features hardwood floors, a dimensional shingle roof, a 2023 water heater, and a modern furnace. Furnace age is unknown. The property offers plenty of upside in both rent and future valuation, and the tenant pays all utilities, creating a straightforward rental setup for the next owner. Offered at $105k, this property is priced to reflect its as-is sale and long-term investment potential. Property is tenant-occupied. Please do not disturb the tenant. Showings will be restricted until there is an accepted offer. Available individually or as part of a 3-property package. Photos prior to tenant move in.

Additional Information

Taxes
$1,723
Acres
0.15
Sewer
Public Sewer
Roof
Asphalt, Fiberglass
Water
Public
Heating
Forced Air, Gas
Cooling
None
School District
Cleveland Municipal - 1809

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Listing Courtesy of: Michael L Magno, michael@themagnogroup.com With Keller Williams Living

Selling Office: RE/MAX Haven Realty.

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