3 Beds
1 Bath
1,052 sqft
$69,500
3003 Nursery Avenue, Cleveland OH, 44127
Price per sqft$66.06
Built in1900
Property size1,052 sqft
Property typeResidential
Overview
Active
Listed Aug 18, 2026
Updated 13 days ago
TURNKEY 11%+ CAP RATE. Lease agreement recently renewed at $1,100/mo. Tenant pays ALL utilities! Incredible opportunity to acquire a fully stabilized, income-producing asset generating $1,100/month. Located at 3003 Nursery Ave, this beautifully updated 3-bedroom, 1-bathroom home offers 1,052 sq. ft. of living space on a generous 4,356 sq. ft. lot. This property offers true peace of mind for an investor, as all major CapEx items have been completely addressed. Recent capital improvements include a part of the roof is brand-new, an entirely new plumbing system, a brand-new heating system, a new hot water tank, a newly constructed garage, and fresh flooring throughout. The bathroom has been updated with new fixtures and toilets. Furthermore, the property features comprehensive exterior basement waterproofing—a massive value-add ensuring long-term structural integrity and low maintenance. With all the heavy lifting already completed and a solid tenant in place, this is a day-one performing asset perfect for both local and out-of-state portfolios.
$462/mo
Est. mortgage payment based on a $69,500 home price.
All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.
Additional information
- MLS® ID
- 5237655
Interior Features
- Bedrooms
- 3
- Bathrooms
- 1
- Fireplace
- Yes
- Heating
- Yes
- Basement
- Yes
Exterior Features
- Lot Size
- 0.1 Acres
Other Property Details
- Taxes
- $599
- Tax Frequency
- Annually
- Garage
- Yes
Courtesy of RE/MAX Above & Beyond
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