Strong turnkey investment opportunity at **1327 E 90th St in Cleveland, Ohio**. This recently remodeled three-bedroom, one-bath single-family colonial is **occupied by a long-term Section 8 tenant**, providing rental income from day one. The property currently generates **$1,400 per month in rent**. With a tenant already in place and a **CMHA rent benchmark of $2,113 per month**, the property offers investors immediate income and the opportunity to request a rent increase, subject to CMHA approval. The home features a recently remodeled interior, a two-year-old furnace, a one-year-old water heater, a four-year-old roof, a full basement, and driveway parking. **1327 E 90th St is also available as part of a $404,700 package with 10202 Kinsman Rd and 3890 E 143rd 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 Hough neighborhood with convenient access to Cleveland Clinic, University Hospitals, and University Circle, this property is well suited for investors seeking a **turnkey, tenant-occupied rental with subsidy-backed income and room to increase rents**. **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: Courtney Boron
Agent Phone: (330) 241-9375
Agency Title: M.C. Real Estate
Estimated Payment
$ 439.66 per month $300.23 Principal & Interest $100.08 Property Tax $39.35 Homeowner's Insurance
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1327 E 90th Street | MLS# 5260737
This single family home located at 1327 E 90th Street, Cleveland, OH 44106 is currently listed for sale with an asking price of $134,900. This property was built in 1890 and has 3 bedrooms and 1 full and 1 partial baths with 1474 sq. ft. E 90th Street is located in the Curtiss & Ambler subdivision within the Cleveland Municipal - 1809 school district. Search Curtiss & Ambler real estate on courtneyboron.mcrealestateohio.com today.