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Key Details
Sold Price $121,500
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,200 sqft
Price per Sqft $101
Subdivision Goodman
MLS Listing ID 5135106
Sold Date 09/19/25
Style Traditional
Bedrooms 3
Full Baths 1
HOA Y/N No
Abv Grd Liv Area 1,200
Year Built 1900
Annual Tax Amount $1,318
Tax Year 2024
Lot Size 2,191 Sqft
Acres 0.0503
Property Sub-Type Single Family Residence
Property Description
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."
Location
State OH
County Cuyahoga
Rooms
Basement Full
Main Level Bedrooms 2
Interior
Heating Forced Air, Gas
Cooling None
Fireplace No
Window Features Double Pane Windows
Appliance Range, Refrigerator
Exterior
Parking Features None
Water Access Desc Public
Roof Type Shingle
Private Pool No
Building
Story 2
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories Two
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 015-04-067
Financing Conventional
Special Listing Condition Standard
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Bought with Robert L Rogers • Howard Hanna
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