1268 E 169th St, Cleveland, OH 44110

ATTENTION INVESTORS: TURNKEY SECTION 8 BRICK CASH COW IN WATERLOO ARTS DISTRICT $1,395/MO WITH UPSIDE BUILT INnnThis one checks all the investor boxes: CMHA Section 8 tenant paying 100% $1,205/mo, plus an additional $190/mo in garage rent from the same tenant total of $1,395/mo in collected rent. And its due for a rent increase, offering baked-in upside. Tenant is stable, cooperative, and happy to stay.nnLocated in Clevelands exploding Waterloo Arts District, this neighborhood is seeing surging demand, appreciation momentum, and an influx of culture, restaurants, and nightlife. With Euclid rents influencing the CMHA range in this pocket, Section 8 payouts are stronger here than typical east side comps. This is a prime appreciation + cashflow play.nnValue-add potential: large dry basement could easily support 2 additional bedrooms + bath, pushing rent another $500$700/month for minimal build out.nnCapEx already completed: Quality remodel! full interior repaint, painted basement, good mechanicals, updating throughout. Solid rick exterior, large windows with great natural light, long private driveway, and single car garage with existing rental income. Next to a city-owned vacant lot extra privacy, elbow room and light.nnLEAD BASED PAINT TESTING COMPLETED AND PASSED.nnFully rehabbed, rent-stabilized, well maintained, low-maintenance asset. Strong lease is transferrable and very owner-protective.nnPART OF A LARGER STABILIZED SECTION 8 PORTFOLIO INQUIRE FOR INFORMATION ON OTHER LIS