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 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."
Pending
$135,000
3268 W 34th St, Cleveland, OH 44109
3beds
1,200sqft
Est.:
Single Family Residence
Built in 1900
2,191.07 Square Feet Lot
$-- Zestimate®
$113/sqft
$-- HOA
What's special
Oversized bonus roomMain floor laundry roomNew appliancesBrand new bathroom
- 52 days
- on Zillow |
- 29 |
- 0 |
Likely to sell faster than
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