ATTENTION INVESTORS: TURNKEY HUGE CASH COW IN PRIME LOCATION — $2,043/MO, CMHA SECTION 8! Fully rehabbed, completely remodeled, this turnkey single-family rental is currently bringing in $2,043/mo ($1,943 from CMHA--Excellent 95% split!). Stable, happy, cooperative tenant in place under CMHA Section 8, with massive government-backed income! Massive rents, huge… Read More cash flow, excellent DSCR ratio! Located on an excellent, high-demand and quiet street, this asset delivers Maple Heights-level rents and demand, but with low Cleveland taxes, boosting yield. Homes here rent quickly and remain occupied long-term. MAJOR CAPEX COMPLETED! Interior was fully remodeled: brand-new kitchen cabinets, countertops and faucets, updated bathroom, refinished basement, new lighting throughout, new kitchen tile flooring, and BRAND NEW LOW-E WINDOWS (dual-pane energy-efficient vinyl windows) throughout. Modern, low-maintenance, and a long-term CapEx saver. LEAD BASED PAINT CERTIFIED! Lead-based paint testing completed and passed, and the property is Cleveland Lead-Safe certified in compliance with city requirements . Reports are available upon request. Fully rehabbed, rent-stabilized, quality remodel, 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. Showings after accepted offer. Read Less
Courtesy of Team Results Realty and Scott A Marvin
Listing Snapshot
Days Online
15
Last Updated
Property Type
SingleFamilyResidence
Beds
5
Full Baths
2
Lot Size
0.15 Acres
Year Built
1957
MLS Number
5136101
30 Days Snapshot Of 44128
$43k
0%
(avg) sold price
0
-100%
homes sold
49
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Range, Refrigerator
Basement
Full
Building
Built in 1957, Architectural style: Conventional, Construction materials: Brick, Levels: Two, Living area units: SquareFeet, 2, 2 total stories
Heating
ForcedAir, Gas
Lot
0.1469 acres
Parking
OffStreet
Roof
Shingle
Sewer
PublicSewer
Taxes
Year: 2024
Windows
DoublePaneWindows
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