1169 Melbourne Road | East Cleveland
Investor Opportunity \u2013 Turnkey Rental with Long-Term Tenant in Place!\r\n\r\nDon\u0027t miss this income-producing investment property featuring a long-term Section 8 tenant who would like to remain, providing immediate rental income from day one. The property currently generates $12,504 in annual rental income, making it an attractive addition to any investment portfolio.\r\n\r\nThis spacious Front Porch Colonial offers 4 bedrooms and 1 full bath with a classic layout that includes a welcoming living room with a fireplace, a formal dining room featuring built-in cabinetry, and an eat-in kitchen. Brand-new carpeting has been installed throughout, giving the interior a fresh, updated feel.\r\n\r\nMajor mechanical and infrastructure updates include a furnace (2016), hot water tank (2020), newer electrical, and a waterproofed basement, helping reduce future maintenance concerns.\r\n\r\nWhether you\u0027re looking to expand your rental portfolio or purchase a stable, income-producing property, this home offers immediate cash flow with a reliable long-term tenant already in place. MLSNow 5227133 Directions to property: Located off Superior Avenue
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