Listed by Rich Ganim of Real of Ohio (rich@theganimgroup.com,440-781-1374)
For an investor, the best opportunity may be the one that is already working. This turnkey Garfield Heights investment property comes with a tenant in place, a current lease through June 30, 2027, and rent of $1,750 per month, providing $21,000 in scheduled annual gross rent at the current rate. Instead of purchasing a vacant property and immediately searching for a tenant, you can step into an occupied investment with rental income already established. Behind the numbers is a substantial home offering 1,753 square feet of finished living space, three bedrooms, two full baths, central air, a basement, and a detached two-car garage. The kitchen includes a refrigerator, range, and dishwasher, while the basement provides valuable storage and utility space. The garage adds covered off-street parking and even more storage, features that contribute to the home's long-term rental appeal. The location adds another advantage, with convenient access to I-480 and I-77 for connections throughout Greater Cleveland, plus shopping, dining, everyday necessities, and Garfield Park Reservation nearby. There is no need to imagine what this property could be as a rental. It already is one. Run your numbers, review the lease, and take a closer look at a turnkey investment where the income story has already begun. Recent updates include basement waterproofing, a new sump pump added, new basement carpet & hot water heater last year - over $25k in updates.

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Based on information submitted to MLS Now as of August 11, 2026 7:27 AM UTC . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. Listing information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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