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About This Home

This 2-bedroom, 1-bathroom single family at 5462 Grasmere Avenue in Maple Heights, OH is listed for $108,000 ($114 per sqft). Built in 1926, the home offers 949 sqft of living space on a 0.10 acres lot.

Agent Description

This cash-flowing investment property in Maple Heights offers a great opportunity for both new and seasoned investors. Featuring 2 bedrooms, 1 bathroom, and approximately 949 sq ft of living space, this home is currently tenant occupied with a Section 8 tenant paying $1,600 per month, providing immediate rental income from day one.

The property includes a functional layout, spacious bedrooms, and a basement for additional storage. Conveniently located near Maple Heights High School, shopping, parks, and very close to i-480, this property is positioned in a strong rental market with consistent tenant demand. Whether you are looking to expand your portfolio or secure a stable income-producing property, this home offers solid cash flow potential and long-term upside.

Key Features

  • Built in 1926
  • 0.10 acre lot
  • 2 stories
  • Fireplace

Property Details

2 stories
1 full
1926

Amenities

Fireplace

Monthly Cost Estimate

$578/mo

20% down · 6.5% · 30 years

Principal$78
Interest$468
Insurance$32

Estimates only. Actual payments may vary.

Location

5462 Grasmere Avenue

Maple Heights, OH 44137

Maple Boro Park Allotment 02

Property Details

Construction

AluminumSiding

Parking

Driveway

Heating

Forced Air

Questions & Answers

This 2-bedroom, 1-bathroom single family at 5462 Grasmere Avenue is listed at $108,000 ($114/sqft). The estimated monthly payment is $468 based on 20% down at 6.5% interest.

Key features include: Built in 1926, 0.10 acre lot, 2 stories, Fireplace.

This property is listed by Rakesh Baniya and can be reached at 4409017145 or rbaniya@clevelandpropertymanagement.com.

RB

Rakesh Baniya

Agent at Cleveland Property Management Group, LLC.

(440) 901-7145

Listed by Cleveland Property Management Group, LLC. · View on Broker Site

MLS# 5212656· Source: listhub· Updated 10 days ago

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5462 Grasmere Avenue, Maple Heights, OH 44137

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