3948 E 186th ST Pending Save Request In-Person Tour Request Virtual Tour
Cleveland,OH 44122
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Pending
Purchase Type For Sale
Subdivision H J Morrison Bldg Cos 02
MLS Listing ID 5103453
Style Ranch
Bedrooms 3
Full Baths 1
HOA Y/N No
Year Built 1950
Annual Tax Amount $2,631
Tax Year 2024
Lot Size 6,250 Sqft
Acres 0.1435
Property Sub-Type Single Family Residence
Property Description
**Turnkey Investment Opportunity – 3948 E 186th St, Cleveland, OH 44122**
Seize this **high-yield investment property** in one of Cleveland's most **desirable Section 8 rental zip codes**! This **stabilized, tenant-occupied** home is generating **$1,300 per month** in guaranteed rental income, making it an excellent addition to any investor's portfolio.
### **Property Highlights:**
- **Rental Income:** $1,300/month (tenant in place)
- **Desirable Section 8 Area:** Strong demand for rentals ensures long-term occupancy
- **Photos Pre-Tenancy:** Showcasing the home's potential before tenant move-in
### **Versatile Investment Potential:**
? **Cash Flow from Day One** – No downtime, immediate rental income
? **Strong Section 8 Market** – High demand, stable rental payments
? **Multiple Exit Strategies** – Continue renting for passive income or renovate for value appreciation
With Cleveland's rental market continuing to grow, this **turnkey investment** offers **security, cash flow, and future appreciation potential**. **Don't miss this opportunity—invest today!**
***Photos are before tenant move in ***
Location
State OH
County Cuyahoga
Rooms
Basement Unfinished
Interior
Heating Hot Water,Steam
Cooling Ceiling Fan(s)
Fireplace No
Exterior
Parking Features Detached,Garage
Garage Spaces 1.0
Garage Description 1.0
Water Access Desc Public
Roof Type Asphalt
Private Pool No
Building
Sewer Public Sewer
Water Public
Architectural Style Ranch
Level or Stories One
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 140-21-104
Special Listing Condition Standard