13170 Forestdale DR Garfield Heights, OH 44125
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Subdivision Cranwood Dev Cos Cranwood Park
MLS Listing ID 5214674
Style A-Frame
Bedrooms 3
Full Baths 1
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1954
Tax Year 2025
Lot Size 10,502 Sqft
Acres 0.2411
Property Sub-Type Single Family Residence
Stories Two
Story Two
Property Description
Attention investors! Here's your opportunity to acquire a performing rental property with immediate income and strong upside potential. Currently occupied by a Section 8 tenant paying $1,600 per month ($19,200 annually), this property offers stable cash flow from day one.
With market rents supporting approximately $2,200 per month ($26,400 annually) upon future tenant turnover, investors have the opportunity to increase gross rental income by nearly $7,200 per year. Whether you're looking to expand your portfolio, complete a 1031 exchange, or acquire a reliable buy-and-hold asset, this property checks all the boxes.
Features include a functional layout, strong rental demand, and a location that continues to attract quality tenants. The property is already producing income, eliminating the vacancy risk and lease-up period often associated with new acquisitions.
? Current Rent: $1,600/month
? Projected Rent: Up to $2,200/month
? Section 8 Income Stability
? Tenant Occupied – Cash Flow from Day One
? Excellent Buy-and-Hold Opportunity
? Potential for Increased Returns Through Future Rent Adjustments
Opportunities to purchase performing rental properties with built-in rent growth potential are becoming increasingly difficult to find. Add this income-producing asset to your portfolio and start earning from day one.
Contact your agent today for financial details and a private showing.
Location
State OH
County Cuyahoga
Rooms
Main Level Bedrooms 2
Interior
Heating Forced Air
Cooling Ceiling Fan(s)
Fireplace No
Exterior
Parking Features Carport
Carport Spaces 1
Water Access Desc Public
Roof Type Shingle
Private Pool No
Building
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style A-Frame
Level or Stories Two
Construction Status Updated/Remodeled
Schools
School District Garfield Heights Csd - 1815
Others
Tax ID 546-10-045
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS
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