Property
Beds
4
Full Baths
1
1/2 Baths
None
Year Built
1925
Sq.Footage
924
ATTENTION INVESTORS & OWNER-OCCUPANTS: HIGH-END CASH COW IN MAPLE HEIGHTS. This fully remodeled single-family home at 5550 Grasmere is a proven performer, last rented at $2,350/mo through EDEN (similar to Section 8) at 100% subsidy with no tenant portion. With the published 2026 FMR for this zip code at $2,508 and the current tenant scheduled to move out in July 30, a new owner can step in and place a fresh tenant at todayās higher rent right away. The home was remodeled with high-end finishes throughout: quartz kitchen with new cabinets, hardware, and stainless steel appliances, brand-new furnace and hot water tank, and a fully tiled bathroom with backlit vanity mirrors. Four large bedrooms (two down, two up) plus a huge, clean, dry basement deliver standout rent-per-square-foot in a strong-rent Maple Heights market, with room to add value by finishing the lower level with two additional bedrooms, buyer to verify). Turnkey, low-maintenance, and ready to cash flow from day oneāwith optional upside as a future retail flip or owner occupancy. Do not disturb tenant; 48-hour notice typically required for showings after accepted offer.
Features & Amenities
Interior
-
Total Bedrooms
4
-
Bathrooms
1
-
Above Grade Finished Area
924.0
-
Basement YN
YES
-
Cooling YN
NO
-
Cooling
None
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Natural Gas, Forced Air, Gravity
-
Main Level Bedrooms
2
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
2
-
Construction Materials
Brick, Vinyl Siding
-
Parking
Detached, Garage
-
Patio and Porch Features
Deck, Patio, Porch, Screened
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.1038
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
-
Architectural Style
Traditional
Price
-
Sales Price
$179,000
-
Tax Amount
$3,603
-
Sq. Footage
924
-
Price/SqFt
$193
HOA
-
Association
No
School District
-
Elementary School
Maple Heights CSD - 1818
-
Middle School
N/A
-
High School
N/A
Property Features
-
Foundation Details
Block
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Cuyahoga
Elementary School
Maple Heights CSD - 1818
Middle School
High School
Listing Courtesy of Scott A Marvin , Team Results Realty
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Team Lead / RealtorĀ®
Tyson Hartzler
Call Tyson today to schedule a private showing.
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