$99,000

12701 Angelus Avenue, Cleveland, OH 44105

3 beds |
1 bath |
1,227 sqft

Single-Family Home
Built in 1923
4,356sqft lot
—— car garage
$81/sqft
Listed 8 days ago

Property Description

Calling all investors! Add an already income-producing property to your rental portfolio with this 3-bedroom, 1-bath Cleveland home featuring a tenant already in place and immediate cash flow from day one. Currently rented at $1,200 per month plus tenant pays utilities, this property offers an attractive opportunity for investors looking to expand their portfolio without the hassle of finding and placing a new tenant. Low property taxes help maximize cash flow and overall return, making the numbers even more appealing. The home sits on a nice-sized lot with the added convenience of a private driveway and offers a practical three-bedroom layout that continues to make it an attractive rental. All bedrooms feature good size closet space, and the full bathroom offers a tub/shoer combination and has been updated! There is a full basement with laundry and tons of space for storage! Outside you will find a large, covered welcoming front porch and additional off-street parking! Additional updates include multiple vinyl replacement windows and a new HWT! Centrally located with convenient access to shopping, dining, major roadways, and everyday amenities. Whether you're building your first rental portfolio or adding another door to an established one, this is a great opportunity to acquire a tenant-occupied, cash-flowing property with income already coming in.

Listing Status:: Active
Data Last Updated:: September 21, 2026 at 5:17PM
Listing Office:: Platinum Real Estate : 888-974-7253
Listing Agent:: Katie McNeill : 440-796-5506
Contact:: katie@thekatiemcneillteam.com, 440-796-5506
MLS ID:: 5244998

Laundry: In Basement
Basement: Unfinished
A/C: Ceiling Fan(s)
Heating: Forced Air
Fireplace: Fireplaces: 0

Style: Colonial
Other Structures: Front Porch
Parking: Driveway

Roofing: AsphaltFiberglass
General: BrickVinyl Siding2Block

Originating MLS: NOWDD_NORM
School District: Cleveland Municipal - 1809
County: Cuyahoga

Zoning: 461 CORLETT 0682 ALL137-23-105

Water: Public
Sewer: Public Sewer

Source: NOWDD_NORM

This listing courtesy of Katie McNeill , Platinum Real Estate

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.