749 E 131st Street Cleveland, OH — $95,000

749 E 131st Street | Cleveland

Investors, here\u2019s your chance to own a fully updated, cashflowing Section 8 property with strong upside potential. This 3-bedroom, 1-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 $1,150 per month with CMHA paying 100% of the rent, and it\u2019s eligible for a rent increase to $1,400\u2013$1,600 per month with the proper adjustment request. The home is lead certified and has undergone significant updates, including a new furnace (2018), hot water tank (2018), electrical (2018), plumbing (2018), updated bathroom (2018), updated kitchen (2018), new flooring (2018), and a roof (2020), windows (2018), ext./int. paint (2018). 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. Don\u0027t miss out! Reach out to listing agent for walkthrough videos. MLSNow 5147658 Directions to property: Off of Eddy Rd.