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About This Home

This 3-bedroom, 1-bathroom single family at 20505 Franklin Road in Maple Heights, OH is listed for $125,000 ($65 per sqft). Built in 1947, the home offers 1,920 sqft of living space on a 0.13 acres lot.

Agent Description

Attention investors! Turnkey Maple Heights bungalow offering immediate rental income ($1205 per month, lease is month to month) with a quality long-term tenant in place who is currently month-to-month and would like to remain. This is an excellent opportunity to add a well-maintained property to your portfolio or begin investing with an affordable, income-producing asset.

Popular floor plan offers flexibility with 2 main-floor bedrooms plus a spacious second floor featuring 2 tandem rooms that can function as additional (4th)bedrooms, a media room, home office, sitting area or owner's retreat. Main floor also includes a full bath & comfortable living spaces designed for everyday living.

Owner's suite features an enclosed sunroom, creating the perfect space for relaxation, reading or enjoying morning coffee. A finished room in the basement provides additional recreation or storage space, while glass block windows add security and efficiency.

Numerous updates have already been completed, including low-maintenance vinyl siding, vinyl replacement windows, updated roof, attractive luxury vinyl plank flooring and a hot water tank replaced in 2023. The partially fenced yard offers outdoor enjoyment and is situated in a desirable Maple Heights location with strong rental demand.

Quality non-Section 8 rental with a proven tenant history & excellent investment potential. Property is shown only during active offer negotiations. Please do not disturb the tenant. No wholesalers. No owner financing. A solid turnkey investment opportunity ready to generate income from day one.

Key Features

  • Built in 1947
  • 0.13 acre lot
  • 2 stories

Property Details

2 stories
1 full
1947

Amenities

A/C

Monthly Cost Estimate

$669/mo

20% down · 6.5% · 30 years

Principal$90
Interest$542
Insurance$36

Estimates only. Actual payments may vary.

Location

20505 Franklin Road

Maple Heights, OH 44137

Property Details

Construction

VinylSiding

Pool Features

PatioPorch

Parking

Garage

Heating

Forced AirNatural Gas

Cooling

Central Air

Questions & Answers

This 3-bedroom, 1-bathroom single family at 20505 Franklin Road is listed at $125,000 ($65/sqft). The estimated monthly payment is $542 based on 20% down at 6.5% interest.

Key features include: Built in 1947, 0.13 acre lot, 2 stories.

This property is listed by Christopher A Frederick and can be reached at 2162107653 or thefrederickteam@gmail.com.

CF

Christopher A Frederick

Agent at Coldwell Banker Schmidt Realty

(216) 210-7653

Listed by Coldwell Banker Schmidt Realty · View on Broker Site

MLS# 5215490· Source: listhub· Updated 1 days ago

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20505 Franklin Road, Maple Heights, OH 44137

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