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3947 W 22nd Street, Cleveland, OH 44109
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$139,000
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Home Details for 3947 W 22nd Street
Price
$139,000
Type
Single Family
Bedrooms
4
Total Bathrooms
2
Full Bathrooms
2
Year Build
1922
Sq. Ft.
1311
Lot Size
0.0826
County
Cuyahoga
Total Rooms
6
Tax
$2,027
MLS®️ Listing#
5133461
On exitrealty.com
146 days
Property Description
ATTENTION INVESTORS: RARE OPPORTUNITY TO CONTROL THE BLOCK — This turnkey cash cow sits in the path of rapid wealth creation on Cleveland’s West Side. MetroHealth has committed over $1 billion to its campus and surrounding area — including housing, community services, and transit upgrades. This institutional anchor is fast-tracking area home values, outpacing the broader market, which itself rose 15% year-over-year. Own 3947 W 22nd alongside 3943 W 22nd — a rare chance to lock in both instant cashflow + long-term appreciation. Both are SFHs, both Section 8 occupied. "LEAD BASED PAINT TESTED & CERTIFIED!".
TURNKEY CASH COW: Strong appreciation plays aside, Section 8 investors will love this — currently rented at almost $1,400/mo with a 100% RENT SPLIT through CMHA Section 8. That means 100% of the rent is covered by the government with $0 tenant portion risk. Tenant is cooperative, happy, great to deal with. No waiting months to fill vacancies -- government-backed income from day one of ownership.
Extensive CapEx completed: Brand new full house siding, new roof (full replacement), updated basement, fresh paint and finishes, new bathroom vanity, upgraded plumbing.
Fully rehabbed, rent-stabilized, 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. 48-hour notice typically required for showings. Showings after accepted offer.
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- Heating Information
- Natural Gas
- Forced Air
- Parking
- Off Street
- On Street
- Cooling Information
- None
- Water Features
- Public
Listing Courtesy: Team Results Realty - 614-382-2124, scottamarvin@gmail.com
The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information provided courtesy of the Northern Ohio Regional Multiple Listing Service.
Last Updated: 2025-11-06 08:32:08
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6370 Mount Pleasant St. NW, North Canton, OH 44720
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$139,000
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EXIT REALTY GPS
6370 Mount Pleasant St. NW, North Canton, OH 44720