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3 Beds
1 Bath
1,052 sqft

$69,500

3003 Nursery Avenue, Cleveland OH, 44127

Price per sqft$66.06
Built in1900
Property size1,052 sqft
Property typeResidential

Overview

Active

Listed Aug 18, 2026

Updated 13 days ago

TURNKEY 11%+ CAP RATE. Lease agreement recently renewed at $1,100/mo. Tenant pays ALL utilities! Incredible opportunity to acquire a fully stabilized, income-producing asset generating $1,100/month. Located at 3003 Nursery Ave, this beautifully updated 3-bedroom, 1-bathroom home offers 1,052 sq. ft. of living space on a generous 4,356 sq. ft. lot. This property offers true peace of mind for an investor, as all major CapEx items have been completely addressed. Recent capital improvements include a part of the roof is brand-new, an entirely new plumbing system, a brand-new heating system, a new hot water tank, a newly constructed garage, and fresh flooring throughout. The bathroom has been updated with new fixtures and toilets. Furthermore, the property features comprehensive exterior basement waterproofing—a massive value-add ensuring long-term structural integrity and low maintenance. With all the heavy lifting already completed and a solid tenant in place, this is a day-one performing asset perfect for both local and out-of-state portfolios.

$462/mo

Est. mortgage payment based on a $69,500 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
5237655

Interior Features

Bedrooms
3
Bathrooms
1
Fireplace
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.1 Acres

Other Property Details

Taxes
$599
Tax Frequency
Annually
Garage
Yes

Courtesy of RE/MAX Above & Beyond

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