3836 Storer Avenue

Description

Here’s your chance to become a real estate investor overnight with this 4-bedroom, 1-bath Cape Cod home offering 1,387 sq ft of income-producing space with a long-term tenant in place. The tenant signed a 12-month lease renewal beginning on 1/1/26, unit rents at $1,280/month through January 2027, covering utilities, lawn care, and snow removal, providing immediate cash flow and reduced landlord responsibilities. The home’s exterior features aluminum siding, an older roof, a two-car garage, a central air unit, and a back deck. Inside, older updated vinyl windows bring in natural light, and LVP flooring runs throughout the living room, dining room, hallways, bedrooms, and bathrooms. The kitchen includes a well-maintained vanity, and both bathrooms feature updated vanities, with the downstairs bathroom offering a walk-in shower. Neutral paint was completed in 2022, and the upstairs bathroom received new LVP flooring the same year. The property also features a new roof with gutters (2022). The unfinished basement includes an older updated electrical panel, older furnace with younger ducts, a younger hot water tank (2019), glass block windows, and an updated main stack with cleanout. System and safety upgrades minimize ongoing maintenance, making this a low-risk, stabilized investment. Professional management is available and willing to stay on, providing full-service leasing, marketing, tenant communication, maintenance, and rehab support for remote investors. Cleveland neighborhoods like this one offer strong rental demand, consistent appreciation, and convenient access to downtown Cleveland, University Circle, and major employers, making this an ideal addition for both new and seasoned investors. No wholesalers. No Seller financing. No low ball offers.