1334 Penhurst Road, Cleveland OH 44110

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$80,000

1334 Penhurst Road, Cleveland, OH 44110

bedrooms

bathrooms

square feet

734

Acreage

0.078

Open Houses

year built

1913

Full Baths

Half Baths

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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.

Location
Subdivision	-
County	Cuyahoga
Elementary School	-
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

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MLS number: 5100743

Listing agent: Jack Krusinski #2021004622

Listing broker: Re/Max Trinity Llc (440) 546-1313

Last update: Thursday, March 6 2025 at 9:05 a.m. EST

Kotohomes National