2827 E 119 ST new Save Request In-Person Tour Request Virtual Tour
Cleveland,OH 44120
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,092 sqft
Price per Sqft $86
MLS Listing ID 5147614
Style Cape Cod
Bedrooms 3
Full Baths 2
Year Built 1910
Annual Tax Amount $962
Tax Year 2024
Lot Size 2,700 Sqft
Property Sub-Type Single Family Residence
Property Description
Investors, here's your chance to own a fully updated, cashflowing section 8 property with strong upside potential. This 3-bedroom, 2-bath home also features a bonus room on the first floor that can easily be converted into a fourth bedroom to further boost rental income. Currently, the property is generating $1,039 per month with CMHA paying 100% of the rent, and it's eligible for a rent increase to $1,500-$1,600 per month with the proper adjustment request. The home is lead certified and has undergone significant updates, including a new furnace (2023), hot water tank (2024), electrical (2022), plumbing (2022), updated bathroom (2022), updated kitchen (2022), new flooring (2022), and a roof that is approximately 10 years old. With all major systems recently updated, this property is truly turnkey—offering minimal maintenance, immediate cash flow, and the security of guaranteed rent in a high-demand rental area, just minutes away from Shaker Square. Don't miss out! Reach out to the listing agent for walkthrough videos.
Location
State OH
County Cuyahoga
Interior
Heating Forced Air
Cooling None
Exterior
Parking Features Driveway
Garage Spaces 1.0
Garage Description 1.0
Roof Type Asphalt,Fiberglass
Building
Sewer Public Sewer
Water Public
Schools
School District Cleveland Municipal - 1809
Others
Special Listing Condition Standard