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USAOHClevelandKnight Richardson & Moores Al1124 E 114Th St
1124 E 114 Th St, House other with 3 bedrooms, 1 bathrooms and null parking in Cleveland OH | Image 1
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$119,000

1124 E 114 Th St, Cleveland, OH

House

For Sale

$--,---,---
310
  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1146 sqft
Garage No
Taxes $1,732
Days Active 0
Lot Size 
Approx. Age 1910
Avg. Price Per Sqft $103
MLS® Number 5131930

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Gold mine. Turnkey cash cow. Currently rented at $1, 544/mo through CMHA Section 8. Government-backed cash flow from day one. Stable and happy tenant since Sept. 2024. Tenant is cooperative, very communicative, employed, and low-maintenance. Rent increase request eligible around July 2025, giving additional upside potential. Tenant has stated they wish to stay in the house. Strong lease is transferrable and very owner-protective. Turns month-to-month on 9/18/25, giving buyer complete flexibility should they wish to non-renew. Remodeled and updated: Select new double-pane vinyl windows, new appliances (convey), updated bathroom, new plumbing, partial electrical upgrades, new light fixtures, maintenance-free wood floors, newer LVP flooring, newer paint throughout, cleared fenced yard. Foundation perimeter scraped and resealed inside and out. Passed lead-based paint testing. Situated on a quiet stree with a mix of owner-occupants and well-managed investor properties. Low CapEx, government-backed guaranteed income, fully stabilized, immediate cashflow, upside built in, responsible tenant. PART OF A LARGER STABILIZED SECTION 8 PORTFOLIO — INQUIRE FOR INFORMATION ON OTHER LISTINGS.Show Description
MLS® Number5131930
Laundry Level
Central VacNo
FireplaceNo
Acreage0.0844
Exterior
GarageNo
Approx. Age1910
BasementFull
DrivewayNone
Garage Spaces
HeatForced Air, Gas
A/CNone
Heating Fuel

Extras

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