Listed By
Agency Name: RE/MAX Above & Beyond
Agency Contact: katybrahler@yahoo.com, 440-724-4313
Shown By
Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575
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Property Description
Ideal for investors or owner-operators seeking a high-performing short-term rental opportunity, this stunner and income-producing single-family property features three separate rental units with documented 2025 gross income of approximately $48,900 during a partial-year Airbnb ramp-up period. Platform-verified Airbnb performance reflects active months averaging $5,200+ per month, with projected stabilized annual gross income exceeding $60,000+. The versatile unit configuration includes: ¢ Front Unit: 1 bedroom / 1 bathroom ¢ Middle Unit: 3 bedroom / 1 bathroom (with flexibility to market as a 1 bed / 1 bath for occupancy optimization) ¢ Back Unit: 1 bedroom / 1 bathroom Extensive recent improvements include brand-new flooring, fresh paint, updated appliances, electronics, and a tankless water heater. The property is being sold fully furnished, offering a true turnkey investment opportunity from day one. With a projected CAP rate exceeding 2025%, this is a rare opportunity to acquire a cash-flowing STR asset with immediate income potential and future upside. Exceptional setup for Airbnb investors, house hackers, or portfolio expansion. Opportunities like this do not last long.
Property Features
Property Type: Residential - Single Family
Basement: Yes
Cooling: Wall Unit(s)
Heating: Forced Air
Home Style: Cape Cod
Lot Size: 0.09 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $862 / year
Year Built: 1905
Feature Descriptions
Appliances: Microwave, Range, Refrigerator
Exterior: Vinyl Siding
Laundry: Inside, Main Level
Parcel#: 104-10-025
Parking: No Garage
Patio/Porch: Front Porch
Sewer: Public Sewer
Water: Public
Local Schools
School District: Cleveland Municipal - 1809
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Estimated Payment
$ 1,011.84 per month $889.00 Principal & Interest $71.83 Property Tax $51.01 Homeowner's InsuranceChange Payment Information
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1430 E 53rd Street | MLS# 5210796
This single family home located at 1430 E 53rd Street , Cleveland, OH 44103 is currently listed for sale with an asking price of $174,900. This property was built in 1905 and has 5 bedrooms and 3 full baths. E 53rd Street is located in the Henry R & M T Herricks Allotm subdivision within the Cleveland Municipal - 1809 school district. Search Henry R & M T Herricks Allotm real estate on www.hawksnestcrossing.com today.