1327 E 90th Street, Cleveland, OH 44106

$134,900
3
BD
2
BA
1,474
SqFt

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List Price
$134,900
Status
ACTIVE
Style
Colonial
Stories
2
MLS#
5260737
Year Built
1890
Bedrooms
3
Bathrooms
2
Half-baths
1
Living Area
1,474
Region
Cleveland
Township
Cleveland
Subdivision / Building
Curtiss & Ambler

Property Description

Strong turnkey investment opportunity at **1327 E 90th St in Cleveland, Ohio**. This recently remodeled three-bedroom, one-bath single-family colonial is **occupied by a long-term Section 8 tenant**, providing rental income from day one. The property currently generates **$1,400 per month in rent**. With a tenant already in place and a **CMHA rent benchmark of $2,113 per month**, the property offers investors immediate income and the opportunity to request a rent increase, subject to CMHA approval. The home features a recently remodeled interior, a two-year-old furnace, a one-year-old water heater, a four-year-old roof, a full basement, and driveway parking. **1327 E 90th St is also available as part of a $404,700 package with 10202 Kinsman Rd and 3890 E 143rd St. Together, the two Section 8-occupied homes generate $2,993 per month in combined rental income**, with Kinsman delivered vacant and rent-ready at closing. This gives investors the opportunity to acquire three single-family homes in one purchase and immediately add scale to their Cleveland rental portfolio. Located in Cleveland’s Hough neighborhood with convenient access to Cleveland Clinic, University Hospitals, and University Circle, this property is well suited for investors seeking a **turnkey, tenant-occupied rental with subsidy-backed income and room to increase rents**. **Contact your favorite agent for access to the financials, pro forma, and leases.**

Additional Information

Taxes
$1,201
Acres
0.07
Sewer
Public Sewer
Roof
Asphalt
Water
Public
Heating
Forced Air
Cooling
None
School District
Cleveland Municipal - 1809

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Listing Courtesy of: Garrett Rowan, garrett.rowan@heqrealty.com With Home Equity Realty Group

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