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Cleveland, OH, 44128 • Lee Miles • Cuyahoga County
$83/sqft
5Beds
2Baths
1,792Sqft
0.15 acLot
1957Built
Conventional Style
Built 1957 · 69 years of history
William J Langs Lee Heights
Lee Miles
Demand and pricing signals for this listing
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People checking out this listing
62 days on market
Established listing
$83/sqft
Price per square foot
Single Family · Built 1957
ATTENTION INVESTORS: TURNKEY HUGE CASH COW IN PRIME LOCATION — $2,043/MO, CMHA SECTION 8! Fully rehabbed, completely remodeled, this turnkey single-family rental is currently bringing in $2,043/mo ($1,943 from CMHA--Excellent 95% split!). Stable, happy, cooperative tenant in place under CMHA Section 8, with massive government-backed income! Massive rents, huge cash flow, excellent DSCR ratio! Located on an excellent, high-demand and quiet street, this asset delivers Maple Heights-level rents and demand, but with low Cleveland taxes, boosting yield. Homes here rent quickly and remain occupied long-term. MAJOR CAPEX COMPLETED! Interior was fully remodeled: brand-new kitchen cabinets, countertops and faucets, updated bathroom, refinished basement, new lighting throughout, new kitchen tile flooring, and BRAND NEW LOW-E WINDOWS (dual-pane energy-efficient vinyl windows) throughout. Modern, low-maintenance, and a long-term CapEx saver. LEAD BASED PAINT CERTIFIED! Lead-based paint testing completed and passed, and the property is Cleveland Lead-Safe certified in compliance with city requirements . Reports are available upon request. Fully rehabbed, rent-stabilized, quality remodel, 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. Showings after accepted offer.
Standout features identified
Our analysis highlights refinished basement, updated bathroom, and brand new low-e windows as key attractions of this home.
Based on current rates
Est. 6.85% rate · 30yr fixed · $118,400 loan
Full calculator →Key facts and listing details
6 categories of property features
Market data and value estimates
3 schools rated nearby
Cleveland, OH, 44128
8 events
25 years of records
Local context around this listing
Cleveland, OH • Cuyahoga County
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