2827 E 119 Street Cleveland, OH — $95,000

2827 E 119 Street | Cleveland

Investors, here\u2019s 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\u2019s 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\u2014offering minimal maintenance, immediate cash flow, and the security of guaranteed rent in a high-demand rental area, just minutes away from Shaker Square. Don\u0027t miss out! Reach out to the listing agent for walkthrough videos. MLSNow 5147614 Directions to property: Off of Buckeye Rd.