About This Home
This 2-bedroom, 2-bathroom condo at 4849 Grace Road #125 in North Olmsted, OH is listed for $134,000 ($128 per sqft). Built in 1975, the home offers 1,044 sqft of living space on a 4.67 acres lot.
Key Features
- Built in 1975
- 4.67 acre lot
- Private pool
Property Details
Amenities
This well-maintained condo in North Olmsted offers an attractive opportunity for investors looking to add an income-producing property to their portfolio. Featuring 2 bedrooms, 2 full bathrooms, and over 1,000 square feet of comfortable living space, the unit offers a practical layout with plenty of room for everyday living.
The property features a durable stucco exterior, forced-air heating, and the added convenience of an attached underground one-car garage. Inside, the condo has been nicely updated with luxury vinyl plank flooring, fresh neutral-colored paint, and upgraded electrical and lighting fixtures, creating a clean and modern interior.
Located within the Tudor House condominium community, residents also have access to community amenities including a swimming pool. The unit is currently tenant occupied and generating $1,500 per month in rental income on a month-to-month lease, making it a great option for investors seeking an established rental with immediate cash flow.
Conveniently located near Hampton Inn North Olmsted Cleveland Airport, Olive Garden, Birch Primary School, Cuyahoga Community College Westshore Campus, and UH St. John Medical Center. The property also offers easy access to major roads, public transportation, shopping, schools, parks, restaurants, and other local amenities.
Full-service property management is available with dedicated teams for leasing, marketing, and tenant relations, as well as rehab and construction services for remote investors. With an existing tenant, solid monthly rental income, updated interior finishes, garage parking, and community amenities, this North Olmsted condo is a strong addition to any rental portfolio. No wholesalers, seller financing, or low-ball offers.
Monthly Cost Estimate
$1,240/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
4849 Grace Road #125
North Olmsted, OH 44070
Tudor House Condo
Property Details
Construction
Pool Features
Parking
Heating
Cooling
Questions & Answers
This 2-bedroom, 2-bathroom condo at 4849 Grace Road is listed at $134,000 ($128/sqft). The estimated monthly payment is $1,240 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.
HOA fees are $523/month.
Key features include: Built in 1975, 4.67 acre lot, Private pool.
This property is listed by Michael Azzam and can be reached at 2164467606.








