3890 E 143rd Street, Cleveland, OH 44128

$134,900
3
BD
1
BA
1,044
SqFt

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List Price
$134,900
Status
ACTIVE
Style
Bungalow
Stories
2
MLS#
5260738
Year Built
1960
Bedrooms
3
Bathrooms
1
Living Area
1,044
Region
Cleveland
Township
Cleveland
Subdivision / Building
South/Kinner Allotment

Property Description

Strong turnkey investment opportunity at **3890 E 143rd St in Cleveland, Ohio**. This recently remodeled three-bedroom, one-bath single-family bungalow is **occupied by a Section 8 tenant**, providing rental income from day one. The property currently generates **$1,593 per month in rent, fully covered by the voucher**. With a tenant already in place and a **CMHA rent benchmark of $1,819 per month**, the property offers investors immediate income and the opportunity to request a rent increase, subject to CMHA approval. The home features luxury vinyl plank flooring throughout, granite countertops, new kitchen cabinets and appliances, vinyl windows throughout, a **new furnace, water heater, and roof**, and a detached two-car garage. **3890 E 143rd St is also available as part of a $404,700 package with 10202 Kinsman Rd and 1327 E 90th 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 Mount Pleasant neighborhood near Shaker Heights and Warrensville Heights, this property is well suited for investors seeking a **turnkey, tenant-occupied rental with subsidy-backed income and room to increase rent**. **Contact your favorite agent for access to the financials, pro forma, and leases.**

Additional Information

Taxes
$871
Acres
0.10
Sewer
Public Sewer
Roof
Asphalt
Water
Public
Garage Spaces
2
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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