3003 Nursery Avenue, Cleveland, OH 44127
Local realty services provided by:Better Homes and Gardens Real Estate Central
Listed by: anita vargas
Office: re/max above & beyond
MLS#:5237655
Source:OH_NORMLS
Price summary
- Price:$69,500
- Price per sq. ft.:$66.06
About this home
TURNKEY 11%+ CAP RATE. Lease agreement recently renewed at $1,100/mo. Tenant pays ALL utilities! Incredible opportunity to acquire a fully stabilized, income-producing asset generating $1,100/month. Located at 3003 Nursery Ave, this beautifully updated 3-bedroom, 1-bathroom home offers 1,052 sq. ft. of living space on a generous 4,356 sq. ft. lot. This property offers true peace of mind for an investor, as all major CapEx items have been completely addressed. Recent capital improvements include a part of the roof is brand-new, an entirely new plumbing system, a brand-new heating system, a new hot water tank, a newly constructed garage, and fresh flooring throughout. The bathroom has been updated with new fixtures and toilets. Furthermore, the property features comprehensive exterior basement waterproofing—a massive value-add ensuring long-term structural integrity and low maintenance. With all the heavy lifting already completed and a solid tenant in place, this is a day-one performing asset perfect for both local and out-of-state portfolios....
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Home facts
- Year built:1900
- Listing ID #:5237655
- Added:51 day(s) ago
- Updated:October 09, 2026 at 02:26 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:1
- Full bathrooms:1
- Kitchen Description:Microwave, Range, Refrigerator
- Basement:Yes
- Living area:1,052 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Asphalt
- Year built:1900
- Building area:1,052 sq. ft.
- Lot area:0.1 Acres
- Architectural Style:Bungalow
- Construction Materials:Aluminium Siding, Brick, Vinyl Siding
- Levels:2 Stories, 2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$69,500
- Price per sq. ft.:$66.06
- Tax amount:$599 (2025)
Features and amenities
- Appliances:Microwave, Range, Refrigerator
Parking
- Garage:Yes
- Garage spaces:1
- Carport spaces:3
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