Kenmore Ave- Parma

Description

Kenmore Ave- Parma

Asking price: $175,000

Property Specs

• Year Built: 1940
• Square Footage: ~806 sq ft above grade (plus full basement area)
• Bedrooms: 1
• Bathrooms: 1
• City: Parma, Ohio
• Property Type: Single-Family Home (Ranch)
• Lot Size: Approx. 5,227 sq ft
• Parking: Detached 1-car garage

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Property Highlights

• Classic mid-century Ranch-style home featuring single-level living and a simple, manageable layout.
• Bright living room with original hardwood floors and a warm, inviting feel.
• Eat-in kitchen with durable luxury vinyl tile flooring and functional cabinet storage.
• Main-floor primary bedroom with original wood floors and convenient full bathroom access.
• Full unfinished basement providing ample laundry space, extra storage, and potential for a secondary living zone or bedroom.
• Paved driveway leading to a detached 1-car garage.
• Low-maintenance yard space situated on a quiet residential lot.

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Neighborhood & Location Benefits

• Situated in a well-established Parma neighborhood close to the Cleveland border with quiet, tree-lined streets.
• Minutes from local shopping centers, dining, everyday amenities, and Parma-area parks.
• Convenient highway access making for a fast commute into Downtown Cleveland and surrounding Cuyahoga County suburbs.
• Close proximity to public transportation, medical centers, and essential services.

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School District

• Located within the Parma City School District — near local elementary and middle schools.

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Investment Appeal

• Reliable rental history: Excellent choice as a buy-and-hold asset with steady tenant demand in Parma.
• Value-add upside: Finishing the full basement or reconfiguring spaces offers a clear route to add equity and increase rental income.
• Low overhead: Compact footprint and manageable lot size keep ongoing maintenance and utility costs low.
• Stable market: Located in a highly desirable, high-occupancy suburban area with a history of strong property value retention.

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Why Buyers Will Love It

• Cute and cozy single-story Ranch layout for easy, stairs-free daily living
• Hardwood floors and original mid-century character
• Full basement offers versatile expansion options for storage, recreation, or additional rooms
• Detached garage and paved driveway for off-street parking
• Affordable entry point into one of Greater Cleveland’s most stable suburbs