2052 W 45TH ST

CLEVELAND, OH 44102
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3 bd, 2 ba | 2,134 sqft | Built in 1900

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List Price
$220,000

Initial Investment

$59,950

Purchase Price

$220,000

Down Payment

25%

Rent

$2,220

Total Return

$118,945

Annualized Return

25.6%

Cap Rate

6.9%

Gross Yield

12.1%

Cash Flow

$2,106

Appreciation

8.4%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

5,001

HOA

None

Flood Risk

Not Required

Great Location: Close to Gordon Square. Large Home: Main House, 3 bedroom. 2 full baths, living room, dining room, kitchen, and laundry room. The Seller claims the home could be used as in-law suite. 2 bedroom and 1 bathroom.

See more in Analysis
Alex Johnson
Real Estate Quest, LLC
OH Agent License #2007002717

Annual Financial Highlights

Expected Rent

$25,308

Expenses

-$5,292

Property Taxes

-$5,950

Loan Payments

-$11,960

Net Cash Flow

$2,106

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Charles Shaheen
Agent License 222575
Classic Realty Group, Inc.
Certified Agent Brokerage:Alex Johnson
Real Estate Quest, LLC
OH Brokerage License 2004018595
SourceMLS Now
MLS #5108111
Last Updated: 03/20/2025 20:03
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