ATTENTION INVESTORS: TURNKEY WEST SIDE SECTION 8 CASH COW — $1,560/MO, MASSIVE UPSIDE POTENTIAL West Side CMHA properties like this don’t come often — fully rehabbed, tenant in place, and already bringing in $1,560/mo of guaranteed government-backed income through Section 8. Located in one of the highest-demand rental corridors… Read More on Cleveland’s West Side with extremely low vacancy, strong rent comps, and appreciation tailwinds. This is a fully stabilized, big cashflow asset with the key investor checkboxes: new paint throughout, new appliances, brand new bathroom, main floor laundry room, fenced in back yard, and most importantly EXCELLENT DSCR at list price. The oversized bonus room upstairs offers a no-brainer value-add opportunity — convert into a bedroom and push rent $400+/mo higher with just adding a short all. That’s an easy win for investors looking to maximize returns or reposition long-term later. This is plug-and-play investing: Cleveland taxes, no POS headaches, high rent roll, low CapEx, strong tenancy, and built-in upside. LEAD BASED PAINT TESTING COMPLETED AND PASSED. Fully rehabbed, rent-stabilized, well maintained, low-maintenance asset. Quality remodel! 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. Artistic marketing renders and photos are transferable to buyer for future use in listings. Read Less
Courtesy of Team Results Realty and Scott A Marvin
Listing Snapshot
Days Online
4
Last Updated
Property Type
SingleFamilyResidence
Beds
3
Full Baths
1
Lot Size
0.05 Acres
Year Built
1900
MLS Number
5135106
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
Basement
Full
Building
Built in 1900, Architectural style: Traditional, Construction materials: VinylSiding, Levels: Two, Living area units: SquareFeet, 2, 2 total stories
Heating
ForcedAir, Gas
Lot
0.0503 acres
Parking
None
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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