Listed by Kim Lewis of Home Equity Realty Group (Garrett.Rowan@HEQRealty.com - 803-992-1429)
Strong turnkey investment opportunity at 14748 Coit Road in Cleveland. This single-family home is currently occupied by a long term CMHA tenant paying $1,550 per month, providing immediate and consistent cash flow from day one. An approved CMHA rent increase will raise the monthly rent to $1,700 at the end of August, further strengthening the property's income potential. The property has been completely renovated and includes a new furnace, water heater, electrical system, and additional improvements throughout. With the major mechanical systems already updated, investors can benefit from reduced deferred maintenance concerns and a more streamlined ownership experience. Located in an established Cleveland rental area with convenient access to shopping, schools, public transportation, and major roadways. This property is ideal for investors looking to add a renovated, income-producing asset with a tenant already in place and built-in rental growth. Professional property management resources are available for remote investors, including leasing coordination, tenant communication, maintenance, and repair support. For buyers looking to expand their Cleveland rental portfolio or acquire a stabilized property with immediate cash flow, this home offers an attractive combination of condition, occupancy, and long-term income potential.

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Based on information submitted to MLS Now as of August 1, 2026 6:56 AM UTC . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. Listing information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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