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Sold for $53,000 on 06/16/25
  • $53,000

    4137 E 59th St, Cleveland, OH 44105

    3beds
    1,747sqft
    Single Family Residence
    Built in 1910
    5,401.44 Square Feet Lot
    $-- Zestimate®
    $30/sqft
    $1,251 Estimated rent

    What's special

    -Attention All Investors – Foreclosure Opportunity! Don’t miss this rare chance to scoop up a turnkey investment property that's vacant, easy to show, and ready for its next tenant with some cleaning! This solid 3-bedroom Cape Cod sits on a quiet, low-traffic street with a private backyard and has seen several updates over the past 6–7 years. With a little cleanup from the prior tenant that recently moved out, it’s rent-ready and offers strong income potential, with current market rents that are very affordable. Whether you're a seasoned investor or just getting started, this home is an excellent addition to your portfolio. The property features a full basement, a comfortable layout, and prior cosmetic and mechanical updates. It's in a transitioning area with rising values and rents, making it a smart long-term play. Investors have the option to self-manage or continue with professional property management already in place. Financing options available: Cash, hard money, or owner financing with 20% down (approx. 9% interest, 2-year balloon). Please note: No wholesalers. End-user buyers only. Photos show the home’s potential and updates—serious inquiries only. Proof of funds or pre-approval is required for all showings. Don’t wait—schedule your tour today and take advantage of this income-producing opportunity with immediate cash flow!

    Zillow last checked: 7 hours ago

    Listing updated: June 16, 2025 at 09:33am

    Listing Provided by:

    Christopher A Frederick thefrederickteam@gmail.com216-210-7653,

    Coldwell Banker Schmidt Realty

    Bought with:

    Jaime Vidal, 2024005749

    Lokal Real Estate, LLC.

    Source: MLS Now,MLS#: 5116661MLS LogoOriginating MLS: Lorain County Association Of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bedrooms: 1
    Heating
    • Forced Air, Gas, Hot Water, Steam
    Cooling
    • None
    Appliances
    • Laundry: In Basement
    Features
    • Basement: Full,Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 1,747
    • Total interior livable area: 1,747 sqft
    • Finished area above ground: 1,147
    • Finished area below ground: 600

    Property

    Parking
    • Parking features: Driveway
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck, Enclosed, Patio, Porch
    Lot
    • Size: 5,401 sqft
    • Dimensions: 40 x 135
    Details
    • Parcel number: 13223045

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Bungalow,Cape Cod
    • Property subtype: Single Family Residence
    Materials
    • Aluminum Siding
    • Roof: Asphalt,Fiberglass
    Condition
    • Year built: 1910

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Cleveland
    • Subdivision: Talbot
    Services availability