3268 W 34th Street, Cleveland, OH 44109

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."