3268 W 34th ST Pending Save Request In-Person Tour Request Virtual Tour
Cleveland,OH 44109
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Pending
Purchase Type For Sale
Square Footage 1,200 sqft
Price per Sqft $112
Subdivision Goodman
MLS Listing ID 5135106
Style Traditional
Bedrooms 3
Full Baths 1
Year Built 1900
Annual Tax Amount $1,318
Tax Year 2024
Lot Size 2,191 Sqft
Property Sub-Type Single Family Residence
Property Description
ATTENTION INVESTORS: TURNKEY WEST SIDE SECTION 8 CASH COW — $1,560/MO, MASSIVE UPSIDE POTENTIAL
West Side CMHA properties like this don't come often — fully rehabbed, tenant in place, and already bringing in $1,560/mo of guaranteed government-backed income through Section 8. Located in one of the highest-demand rental corridors on Cleveland's West Side with extremely low vacancy, strong rent comps, and appreciation tailwinds.
This is a fully stabilized, big cashflow asset with the key investor checkboxes: new paint throughout, new appliances, brand new bathroom, main floor laundry room, fenced in back yard, and most importantly EXCELLENT DSCR at list price.
The oversized bonus room upstairs offers a no-brainer value-add opportunity — convert into a bedroom and push rent $400+/mo higher with just adding a short all. That's an easy win for investors looking to maximize returns or reposition long-term later.
This is plug-and-play investing: Cleveland taxes, no POS headaches, high rent roll, low CapEx, strong tenancy, and built-in upside.
LEAD BASED PAINT TESTING COMPLETED AND PASSED.
Fully rehabbed, rent-stabilized, well maintained, low-maintenance asset. Quality remodel!
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. 48-hour notice typically required for showings. Showings after accepted offer. Artistic marketing renders and photos are transferable to buyer for future use in listings."
Location
State OH
County Cuyahoga
Interior
Heating Forced Air,Gas
Cooling None
Exterior
Parking Features None
Roof Type Shingle
Building
Story 2
Foundation Block
Sewer Public Sewer
Water Public
Schools
School District Cleveland Municipal - 1809
Others
Special Listing Condition Standard