ATTENTION INVESTORS: RARE OPPORTUNITY TO CONTROL THE BLOCK — This turnkey cash cow sits in the path of rapid wealth creation on Cleveland’s West Side. MetroHealth has committed over $1 billion to its campus and surrounding area — including housing, community services, and transit upgrades. This institutional anchor is fast-tracking… Read More area home values, outpacing the broader market, which itself rose 15% year-over-year. Own 3947 W 22nd alongside 3943 W 22nd — a rare chance to lock in both instant cashflow + long-term appreciation. Both are SFHs, both Section 8 occupied. LEAD BASED PAINT TESTED & CERTIFIED!. TURNKEY CASH COW: Strong appreciation plays aside, Section 8 investors will love this — currently rented at almost $1,400/mo with a 100% RENT SPLIT through CMHA Section 8. That means 100% of the rent is covered by the government with $0 tenant portion risk. Tenant is cooperative, happy, great to deal with. No waiting months to fill vacancies -- government-backed income from day one of ownership. Extensive CapEx completed: Brand new full house siding, new roof (full replacement), updated basement, fresh paint and finishes, new bathroom vanity, upgraded plumbing. Fully rehabbed, rent-stabilized, well maintained, low-maintenance asset. Strong lease is transferrable and very owner-protective. PART OF A LARGER STABILIZED SECTION 8 PORTFOLIO — INQUIRE FOR INFORMATION ON OTHER LISTINGS. Do not disturb tenants. 48-hour notice typically required for showings. Showings after accepted offer. Read Less
Courtesy of Team Results Realty and Scott A Marvin
Listing Snapshot
Days Online
9
Last Updated
Property Type
SingleFamilyResidence
Beds
4
Full Baths
2
Lot Size
0.08 Acres
Year Built
1922
MLS Number
5133461
30 Days Snapshot Of 44109
$168k
0%
(avg) sold price
0
-100%
homes sold
52
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Range, Refrigerator
Building
Built in 1922, Architectural style: Conventional, Construction materials: Brick, VinylSiding, Levels: Two, Living area units: SquareFeet, 2, 3 total stories
Heating
ForcedAir, Gas
Lot
0.0826 acres
Parking
OffStreet, OnStreet
Roof
Shingle
Sewer
PublicSewer
Taxes
Year: 2024
Windows
DoublePaneWindows
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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Yes-MLS. Real estate listings held by brokerage firms other than Keller Williams Legacy Group Realty are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing broker(s). Information is deemed reliable but not guaranteed. Listings last updated . Some properties which appear for sale on this website may subsequently have sold and may no longer be available.
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