3947 W 22nd ST Cleveland, OH 44109
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,311 sqft
Price per Sqft $106
Subdivision Fuller Kam & Krohle
MLS Listing ID 5133461
Style Conventional
Bedrooms 4
Full Baths 2
HOA Y/N No
Abv Grd Liv Area 1,117
Year Built 1922
Annual Tax Amount $2,027
Tax Year 2024
Lot Size 3,598 Sqft
Acres 0.0826
Property Sub-Type Single Family Residence
Property Description
TURNKEY CASH COW: Strong appreciation plays aside, Section 8 investors will love this — currently rented at almost $1,400/mo with a 100% RENT SPLIT through CMHA Section 8. That means 100% of the rent is covered by the government with $0 tenant portion risk. Tenant is cooperative, happy, great to deal with. No waiting months to fill vacancies -- government-backed income from day one of ownership.
Extensive CapEx completed: Brand new full house siding, new roof (full replacement), updated basement, fresh paint and finishes, new bathroom vanity, upgraded plumbing.
Fully rehabbed, rent-stabilized, 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. 48-hour notice typically required for showings. Showings after accepted offer.
Location
State OH
County Cuyahoga
Interior
Heating Forced Air, Gas
Cooling None
Fireplace No
Window Features Double Pane Windows
Appliance Range, Refrigerator
Exterior
Parking Features Off Street, On Street
Water Access Desc Public
Roof Type Shingle
Private Pool No
Building
Story 3
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style Conventional
Level or Stories Two
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 009-02-098
Special Listing Condition Standard