955 Dresden RD new Save Request In-Person Tour Request Virtual Tour
Cleveland Heights,OH 44112
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Subdivision Nela-Overlook Land Cos Nela-O
MLS Listing ID 5100360
Style Colonial
Bedrooms 3
Full Baths 1
HOA Y/N No
Year Built 1924
Annual Tax Amount $2,555
Tax Year 2024
Lot Size 4,961 Sqft
Acres 0.1139
Property Sub-Type Single Family Residence
Property Description
Home Buyers and Investors!
Discover this delightful 3-bedroom, 1-bathroom, 1,313 sq ft colonial home located in the heart of Cleveland Heights. This residence offers a perfect blend of classic charm and modern convenience. Access to local amenities, schools, and parks. Offered at an excellent value compared to area comps ranging from $153,000 to $173,000. Don't miss this opportunity to own a well-maintained home in a desirable location!
Key Features:
•Spacious Living: Enjoy generous living areas, including: a welcoming living room, formal dining room, and family room perfect for family gatherings and entertaining.
•Comfortable Bedrooms: 3 well-sized bedrooms provide plenty of space for rest and relaxation.
•Attic: Great size
•Fireplace
Additional Highlight:
•Lead Inspection Passed: The home has successfully passed a lead inspection, ensuring a safe environment. Copy of certificate with accepted offer.
Disclosure: Termites were discovered in a basement closet, but an exterminator has thoroughly treated the area with no visible damage to the structural beams. The wood panels were sprayed and 10 exterior bait stations were installed; with ongoing treatment and inspections already paid for and transferable to the new owner (receipts and contract available with accepted offer). Have taken this into consideration with pricing, which is the reason listing price is below comps.
Disclosure: Seller is a licensed Realtor in Nevada.
POS inspection has been ordered.
Investors
1. Affordable Property Prices
2. Strong Rental Market: With nearby universities (like Case Western Reserve University) and healthcare institutions (like Cleveland Clinic), there's a steady demand for rental properties. The average rent for a 3-bedroom home is around $1,500 to $2,000/month, providing solid cash flow potential.
3. Appreciation Potential
4. Low Vacancy Rates
5. Opportunity for Value-Add
6. Section 8/CMHA Opportunities
7. Growth in Short-Term Rentals (Airbnb)
Location
State OH
County Cuyahoga
Rooms
Basement Unfinished
Interior
Heating Forced Air
Cooling Central Air
Fireplaces Number 1
Fireplace Yes
Exterior
Parking Features Driveway,Detached,Garage
Garage Spaces 1.0
Garage Description 1.0
Water Access Desc Public
Roof Type Asphalt,Shingle
Private Pool No
Building
Sewer Public Sewer
Water Public
Architectural Style Colonial
Level or Stories Two
Schools
School District East Cleveland Csd - 1812
Others
Tax ID 681-03-046
Acceptable Financing Cash,Conventional,FHA,Other
Listing Terms Cash,Conventional,FHA,Other
Special Listing Condition Standard