Average square foot calculated using Size range provided by listing agent.
Description
ATTENTION INVESTORS: RARE OPPORTUNITY TO CONTROL THE BLOCK — This twin investment property 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 — housing, community services, and transit upgrades. This institutional anchor is fast-tracking area home values, outpacing the broader market (15% YoY). Own 3943 W 22nd alongside 3947 W 22nd — both SFHs, both CMHA Section 8 — and start building street-level ownership in a rapidly appreciating corridor. Lead Base Paint Tested and Certified. VALUE-ADD UPSIDE: Currently rented at $1, 002/mo through CMHA Section 8 — well below market. Long-term tenant is cooperative, communicative, and has expressed desire to stay. Cashflowing now, with flexibility to reposition. Month-to-month lease gives buyer the option to line up a new tenant before non-renewing--avoid vacancy, skip downtime, keep income flowing through the transition if desired. Low-maintenance asset. Solid long-term hold with tenant in place and upside baked in. 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.Show Description
MLS® Number5133468
Laundry Level
Central VacNo
FireplaceNo
Acreage0.0826
Exterior
GarageNo
Approx. Age1915
BasementFull
DrivewayOn Street
Garage Spaces
HeatForced Air, Gas
A/CNone
Heating Fuel
Extras
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