3947 W 22nd Street | Cleveland
ATTENTION INVESTORS: RARE OPPORTUNITY TO CONTROL THE BLOCK \u2014 This turnkey cash cow sits in the path of rapid wealth creation on Cleveland\u2019s West Side. MetroHealth has committed over $1 billion to its campus and surrounding area \u2014 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 \u2014 a rare chance to lock in both instant cashflow \u002B long-term appreciation. Both are SFHs, both Section 8 occupied. \u0022LEAD BASED PAINT TESTED \u0026 CERTIFIED!\u0022.\r\n\r\n\r\nTURNKEY CASH COW: Strong appreciation plays aside, Section 8 investors will love this \u2014 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.\r\n\r\nExtensive CapEx completed: Brand new full house siding, new roof (full replacement), updated basement, fresh paint and finishes, new bathroom vanity, upgraded plumbing.\r\n\r\nFully rehabbed, rent-stabilized, well maintained, low-maintenance asset. Strong lease is transferrable and very owner-protective. PART OF A LARGER STABILIZED SECTION 8 PORTFOLIO \u2014 INQUIRE FOR INFORMATION ON OTHER LISTINGS.\r\nDo not disturb tenants. 48-hour notice typically required for showings. Showings after accepted offer. MLSNow 5133461 Directions to property: Take exit 18A from OH-176 S\r\n3 min (2.6 mi)\r\n\r\n\r\nContinue on Denison Ave. Take W 21st St to W 22nd

