Ideal for investors or owner-operators seeking a high-performing short-term rental opportunity, this stunner and income-producing single-family property features three separate rental units with documented 2025 gross income of approximately $48,900 during a partial-year Airbnb ramp-up period. Platform-verified Airbnb performance reflects active months averaging $5,200+ per month, with projected stabilized annual gross income exceeding $60,000+. The versatile unit configuration includes: ? Front Unit: 1 bedroom / 1 bathroom ? Middle Unit: 3 bedroom / 1 bathroom (with flexibility to market as a 1 bed / 1 bath for occupancy optimization) ? Back Unit: 1 bedroom / 1 bathroom Extensive recent improvements include brand-new flooring, fresh paint, updated appliances, electronics, and a tankless water heater. The property is being sold fully furnished, offering a true turnkey investment opportunity from day one. With a projected CAP rate exceeding 2025%, this is a rare opportunity to acquire a cash-flowing STR asset with immediate income potential and future upside. Exceptional setup for Airbnb investors, house hackers, or portfolio expansion. Opportunities like this do not last long.
Listed By
Agency Name: RE/MAX Above & Beyond
Agency Contact: katybrahler@yahoo.com, 440-724-4313
Shown By
Agent Name: Matt Scheel
Agent Phone: (330) 241-1219
Agency Title: M.C. Real Estate
Estimated Payment
$ 512.10 per month $389.25 Principal & Interest $71.83 Property Tax $51.01 Homeowner's Insurance
1430 E 53rd Street | MLS# 5210796
This single family home located at 1430 E 53rd Street, Cleveland, OH 44103 is currently listed for sale with an asking price of $174,900. This property was built in 1905 and has 5 bedrooms and 3 full baths. E 53rd Street is located in the Henry R & M T Herricks Allotm subdivision within the Cleveland Municipal - 1809 school district. Search Henry R & M T Herricks Allotm real estate on mscheel.mcrealestateohio.com today.