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13170 Forestdale Drive, Garfield Heights, OH 44125

$150,000
  • 13170 Forestdale Drive, Garfield Heights, OH 44125 Main Photo
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New to the Market Active
BEDS3 BATHS1 full MLS#5214674
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONCranwood Dev Cos Cranwood Park SCHOOLGarfield Heights City

Property Description

CASH-FLOWING SECTION 8 INVESTMENT WITH RENT UPSIDE! Attention investors! Here's your opportunity to acquire a performing rental property with immediate income and strong upside potential. Currently occupied by a Section 8 tenant paying $1,600 per month ($19,200 annually), this property offers stable cash flow from day one. With market rents supporting approximately $2,200 per month ($26,400 annually) upon future tenant turnover, investors have the opportunity to increase gross rental income by nearly $7,200 per year. Whether you're looking to expand your portfolio, complete a 1031 exchange, or acquire a reliable buy-and-hold asset, this property checks all the boxes. Features include a functional layout, strong rental demand, and a location that continues to attract quality tenants. The property is already producing income, eliminating the vacancy risk and lease-up period often associated with new acquisitions. ? Current Rent: $1,600/month ? Projected Rent: Up to $2,200/month ? Section 8 Income Stability ? Tenant Occupied Cash Flow from Day One ? Excellent Buy-and-Hold Opportunity ? Potential for Increased Returns Through Future Rent Adjustments Opportunities to purchase performing rental properties with built-in rent growth potential are becoming increasingly difficult to find. Add this income-producing asset to your portfolio and start earning from day one. Contact your agent today for financial details and a private showing.

13170 Forestdale Drive | MLS# 5214674

This single family home located at 13170 Forestdale Drive, Garfield Heights, OH 44125 is currently listed for sale with an asking price of $150,000. This property was built in 1954 and has 3 bedrooms and 1 full baths. Forestdale Drive is located in the Cranwood Dev Cos Cranwood Park subdivision within the Garfield Heights City school district. Search Cranwood Dev Cos Cranwood Park real estate on www.ohioresidentialhomes.com today.

Property Features

Property Type: Residential - Single Family
Basement: Yes
Cooling: Ceiling Fan(s)
Heating: Forced Air
Home Style: A-Frame
Lot Size: 0.24 Acres
Roof Type: Shingle
Stories: 2.0
Taxes: $0 / year
Year Built: 1954

Feature Descriptions

Exterior: Brick
Parcel#: 546-10-045
Parking: Carport
Sewer: Public Sewer
Water: Public

Local Schools

School District: Garfield Heights City

Listed By / Shown By

Listed By

Agency Name: Red 1 Realty, LLC
Agency Contact: bjholdings23@gmail.com, 440-319-5495

Shown By

Agent Name: Rachel Sharp, Your Sharp Agent!
Agent Phone: Cell: (330) 354-6792
Agency Title: M.C. Real Estate

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Estimated Payment

$ 377.58 per month $333.83 Principal & Interest $0.00 Property Tax (data not provided by mls) $43.75 Homeowner's Insurance

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