931 Yellowstone Road | Cleveland
Value-Add Opportunity in Cleveland Heights \u2013 Investor or Owner-Occupant Special. This 3-bed, 1.5-bath home is currently rented for $950/month through Section 8 on a month-to-month lease, offering immediate income with huge upside. According to Section 8, fully renovated homes in this area can qualify for rental rates as high as $2,200/month\u2014making this a prime value-add investment. Located at 931 Yellowstone Rd, the home sits in a vibrant Cleveland Heights neighborhood close to parks, schools, shops, and public transit. While the home could use updating, it has great bones, a detached garage, and a solid layout that lends itself to a full renovation or light cosmetic improvements. This would also make an excellent option for an owner-occupant looking to build equity over time. Bonus: the listing agent has a trusted renovation team available for the next buyer, whether you want to flip, rent, or renovate to live in.Don\u2019t miss your chance to buy below market value in a rapidly appreciating rental corridor! Updates: \r\nRecent updates:\r\n1. Replaced front door. 2. Repaired front steps. 3. Built new house number sign. 4. Replaced 4 ceiling lights 5. Replaced 2 ceiling fans that were missing blades. 6. Replaced missing switch covers. 7. Installed 6 smoke detectors and 3 CO monitors. 8. Repaired and replaced 6 window screens. 9. Removed truck load of trash /construction debris. 10. Repaired 2 leaking window sills. 11. Repaired toilet . 12. Repaired shower. 13. Replaced bathroom vanity, sink, Medicine cabinet. 14. Repaired kitchen cabinet. 15. Touch up painted kitchen ceiling with KILZ. Replaced broken door knob. MLSNow 5133361 Directions to property: From I-271, take the exit for Mayfield Road (US-322) and head west. Continue on Mayfield Rd for approximately 3 miles. Turn left onto South Green Road. After about 1 mile, turn right onto Yellowstone Road. The property will be on your left at 931 Yellowstone Rd, Cleveland Heights, OH 44121.
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