$69,500
 $462 est/mo Sourced by Back At You

3003 Nursery Avenue,Cleveland, OH 44127

Cleveland, OH 44127

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Description

TURNKEY 11%+ CAP RATE. Lease agreement recently renewed at $1,100/mo. Tenant pays ALL utilities! Incredible opportunity to acquire a fully stabilized, income-producing asset generating $1,100/month. Located at 3003 Nursery Ave, this beautifully updated 3-bedroom, 1-bathroom home offers 1,052 sq. ft. of living space on a generous 4,356 sq. ft. lot. This property offers true peace of mind for an investor, as all major CapEx items have been completely addressed. Recent capital improvements include a part of the roof is brand-new, an entirely new plumbing system, a brand-new heating system, a new hot water tank, a newly constructed garage, and fresh flooring throughout. The bathroom has been updated with new fixtures and toilets. Furthermore, the property features comprehensive exterior basement waterproofing-a massive value-add ensuring long-term structural integrity and low maintenance. With all the heavy lifting already completed and a solid tenant in place, this is a day-one performing asset perfect for both local and out-of-state portfolios.

Details

MLS #5237655
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1900
Days On Site55
Listing Provided ByRE/MAX Above & Beyond | Anita Vargas

Features

Bed(s)3
Bath(s) 1 Total
SQ Feet1,052
Garage1
Car PortYes
BasementY
Story(s)2
Acreage0.10

Exterior

Lot FeaturesFront Yard, Many Trees

Parking

Garage Yes / NoYes
Parking FeaturesConcrete, Gated, On Site

Taxes

Tax Annual Amount599

Area Information

StateOH
CountyCuyahoga
CityCleveland
Zip Code44127
Listing VS Median (in 44127)
Price:
$69,500
low | high
Med:
$78,900
36.474820143885% of Average
sqft:
1,052
low | high
Med:
1,281
28.231939163498% of Average
$ / sqft:
$66
low | high
Med:
$62
56.016296037171% of Average
On site:
55
low | high
Med:
74
74.324324324324% of Average
Sourced by Back At You

Market Activity 44127

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Learn More About This Property

Farhana Yang

Farhana Yang

e-Merge Real Estate Unlimited

2025004971 (646) 919-4543fahana.yang@e-merge.com
StateOH
CountyCuyahoga
CityCleveland
Zip Code44127
Listing VS Median (in 44127)
Price:
$69,500
low | high
Med:
$78,900
36.474820143885% of Average
sqft:
1,052
low | high
Med:
1,281
28.231939163498% of Average
$ / sqft:
$66
low | high
Med:
$62
56.016296037171% of Average
On site:
55
low | high
Med:
74
74.324324324324% of Average
Sourced by Back At You
Listing Updated: September 28, 2026 at 5:43:17 PM PDT

Farhana Yang - e-Merge Real Estate Unlimited Polaris - e-Merge Real Estate