1330 Elwood Road, East Cleveland, OH 44112

• 3 beds |
• 1 bath |
• 1,660 sqft

Property Description

Here's your chance to become a Real Estate investor overnight! Outstanding investment opportunity in a high-demand area of Cleveland’s East Side! This Colonial is currently occupied with a reliable tenant paying $950/month under a 12-month lease that began 03/01/25 and runs through 02/28/26, providing immediate cash flow. Step onto the inviting front porch and into a bright living room with a cozy fireplace, then flow into the formal dining room and an updated kitchen featuring new cabinets, granite countertops, and modern lighting. Upstairs are three spacious bedrooms and a full bathroom with an updated vanity, plus an unfinished attic offering storage or future expansion potential. The full basement includes glass block windows, laundry hookups, and utility space, and the partially fenced backyard adds outdoor appeal. Recent updates and improvements make this property truly turnkey. It features wood siding, vinyl windows throughout, younger LVP flooring in hallways, stairs, living areas, kitchen, bathrooms, and bedrooms, updated plumbing, an updated electrical panel, a newer hot water tank (2024), partial roof replacement on the front section (2025), and professional grading (2025). Rent-ready updates completed in 2024 included fresh paint throughout, LVP flooring, updated light fixtures, new kitchen cabinets, and a new hot water tank. This property offers investors a low-maintenance, rent-ready home with stable income and long-term appreciation potential. Full-service property management is available with dedicated departments for leasing, marketing, and tenant communication. Rehab and construction services are also offered for remote investors. Reach out to learn more!

Listing Status:

Active

Listing Office:

RE/MAX Haven Realty : 440-519-3100

Listing Agent:

Michael Azzam : 216-446-7606

MLS ID:

5170021

Interior

• Laundry: In Basement
• Basement: Full
• A/C: None
• Heating: Forced Air
• Fireplace: Living RoomFireplaceFireplaces: 1

Exterior

• General: Balcony
• Style: Colonial
• Parking: DrivewayOff Street

Construction

• Roofing: AsphaltShingle
• General: Frame2

Location

• Originating MLS: NOWDD_NORM
• School District: East Cleveland CSD - 1812
• County: Cuyahoga

Lot

• Zoning: 3 EUC SHAW 0062 ALL671-20-032

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: NOWDD_NORM

This listing courtesy of Michael Azzam, RE/MAX Haven Realty