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.**
Listed By
Agency Name: Home Equity Realty Group
Agency Contact: garrett.rowan@heqrealty.com; 803-992-1429
Shown By
Agent Name: Patricia Rader
Agent Phone: (419) 967-0018
Agency Title: Key Realty
Estimated Payment
$ 866.52 per month $754.59 Principal & Interest $72.58 Property Tax $39.35 Homeowner's Insurance
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3890 E 143rd Street | MLS# 5260738
This single family home located at 3890 E 143rd Street, Cleveland, OH 44128 is currently listed for sale with an asking price of $134,900. This property was built in 1960 and has 3 bedrooms and 1 full baths with 1044 sq. ft. E 143rd Street is located in the South/Kinner Allotment subdivision within the Cleveland Municipal - 1809 school district. Search South/Kinner Allotment real estate on www.callrader.com today.