Description

ATTENTION INVESTORS: TURNKEY SECTION 8 CASH COW IN LAKE CORRIDOR POCKET ? $1,691/MO WITH NEAR-TERM UPSIDE. 18707 Shawnee Ave is a strong income producer in Cleveland's 44119 lake corridor, now generating $1,691/mo ($1,550 CMHA Section 8 plus $141/mo garage rent), and the current tenant becomes eligible to submit for a CMHA rent-increase request around the first week of July, giving the next owner a near-term shot at higher approved rents without changing occupants. Near the Euclid line, it benefits from high Euclid-influenced rent levels while keeping typically lower Cleveland taxes, and sits on a quiet, well-kept residential street where...read more