Investors, take note! This TURNKEY 3-bedroom, 1-bath property in Cleveland's Collinwood neighborhood offers the perfect blend of LOW MAINTENANCE and CASH FLOW potential. With the hard work done cosmetic refresh already completed, it’s MOVE-IN READY for tenants and meets the coveted ONE PERCENT (1%) RENT RULE with market rents up to $1,150/month. Thoughtfully updated with FRESH PAINT and NEW CARPET throughout, VINYL WINDOWS for energy efficiency, and a UPDATED KITCHEN AND BATHS for added tenant appeal. HWT 2021 and an UPDATED ELECTRICAL PANEL for peace of mind. The outdoor DECK and ATTACHED GARAGE add to the property’s convenience and all-season use! Whether you're a SEASONED investor or NEW to real estate, this home offers solid cash flow and long-term equity growth potential.
Property Details
Property Features
Property Information:
Architectural Style: Cape Cod
Year Built: 1961
Stories: 2
Living Area: 1,400 SqFt
Listing Office:
Office Name: Keller Williams Greater Metropolitan
Office Phone: (216) 312-5959
Listing Agent: Athena T Nimmer
Interior Features
Interior Information:
Basement: Yes
Fireplace: Wood Burning Stove
Bedroom and Bathroom Information:
Full Bathrooms: 1
Total Bedroom Count: 3
Exterior Features
Exterior Information:
Private Pool: No
Exterior: Deck
Parking Information:
Garage Space: 1 space
Attached Garage: Yes
Parking: Attached, Garage
Lot Features
Lot Information:
Lot Size: 0.12 Acres
Utilities
Utilities Information:
Heating: Forced Air
Cooling: None
Other
Directions Information:
Directions: E 152nd to Saranac. Saranac to E 155th. Use GPS
Price Information
Listing Price Info
Price Summary:
List Price: $102,000
Price Per SqFt: $73/SqFt
Tax Information:
Annual Amount: $1,330
Tax Year: 2020
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Housing Market Comparison
See how this home compares to others in Cleveland, OH.
This property is $63K less than the Median Sold Price and $28/SqFt less than other homes in Cleveland, OH.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: NOWDD
MLS Number: #5089144
Listing Office:
Office Name: Keller Williams Greater Metropolitan
Office Phone: (216) 312-5959
Listing Agent: Athena T Nimmer
Copyright 2024 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/17/2024, 11:21:02 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Aug 03, 2021
Aug 03, 2021Home Sold
$57,000
Aug 03, 2021
Aug 03, 2021Home Sold
$82,000
May 20, 2021
May 20, 2021Home Sold
$30,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$1,330
$15,400
2019
$1,229
$15,400
2018
$1,225
$15,400
2017
$1,504
$18,240
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Bella Academy of Excellence
19114 Bella Dr
Distance between this listing and this school1.98 miles
Public Charter Grades KG-6
3
/10
Mayfair Elementary School
13916 Mayfair Ave
Distance between this listing and this school2.00 miles
Public District Grades 3-5
4
/10
Oxford Elementary School
939 Quilliams Rd
Distance between this listing and this school2.35 miles
Public District Grades KG-5
Nearby Schools
3
/10
East Academy
15720 Kipling Ave
Distance between this listing and this school0.54 miles
Public Charter Grades KG-8
4
/10
East Clark School
885 E 146th St
Distance between this listing and this school0.54 miles
Public District Grades PK-8
6
/10
Memorial School
410 E 152nd St
Distance between this listing and this school0.67 miles
Public District Grades PK-8
Nearby Schools
3
/10
Ginn Academy
655 E 162nd St
Distance between this listing and this school0.35 miles
Public District Grades 9-12
2
/10
Collinwood High School
15210 Saint Clair Ave
Distance between this listing and this school0.59 miles
Public District Grades 9-12
2
/10
Shaw High School
15320 Euclid Ave
Distance between this listing and this school1.69 miles
The neighbors living near this home have an average income of $39,276. Typical income of Cleveland, OH residents is between $35k-100k annually. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 701 E 155th St
What is the listing price of this property?
The listing price of 701 E 155th St property is $102,000.
What type of property is this?
The property 701 E 155th St is a house located in Cleveland, Ohio, 44110.
Is this property for sale now?
Active Listing: 701 E 155th St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $1,330 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on August 3, 2021 for $57,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 701 E 155th St has 3 bedrooms and 1 bathroom.
What is the square footage of this property?
The property 701 E 155th St is 1,400 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 701 E 155th St is 1961.
This home is located at 701 E 155th St in Cleveland, OH and zip code 44110 in the Collinwood Nottingham neighborhood. This 1,400 square foot home, which was built in 1961, sits on a 0.12 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since December 09, 2024 and is currently priced at $102,000.
In November 2024 more than 223 listings in Cleveland, OH were sold above the asking price. During the same period more than 96 listings were sold at asking price, while more than 310 were sold below. The number of homes for sale in Cleveland, OH decreased by 4.7% between October 2024 and November 2024. In November 2024 median list price was $165,015 and the average listing age was 41 days.
From Rocket Homes Real Estate and based on county public records data.