17005 Lipton Avenue

Cleveland, OH 44128

  • 5 Bed(s)
  • 2 Bath(s)
  • 1,792 Sqft
  • 0.1469
    Acre(Lot)
$159,000

Description

Attention investors: turnkey huge cash cow in prime location — $2,043/mo, cmha section 8!

fully rehabbed, completely remodeled, this turnkey single-family rental is currently bringing in $2,043/mo ($1,943 from cmha--excellent 95% split!). stable, happy, cooperative tenant in place under cmha section 8, with massive government-backed income! massive rents, huge cash flow, excellent dscr ratio!

located on an excellent, high-demand and quiet street, this asset delivers maple heights-level rents and demand, but with low cleveland taxes, boosting yield. homes here rent quickly and remain occupied long-term.

major capex completed! interior was fully remodeled: brand-new kitchen cabinets, countertops and faucets, updated bathroom, refinished basement, new lighting throughout, new kitchen tile flooring, and brand new low-e windows (dual-pane energy-efficient vinyl windows) throughout. modern, low-maintenance, and a long-term capex saver.

lead based paint certified! lead-based paint testing completed and passed, and the property is cleveland lead-safe certified in compliance with city requirements . reports are available upon request.

fully rehabbed, rent-stabilized, quality remodel, well maintained, low-maintenance asset. 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. showings after accepted offer.

  • Property Type

    Residential
  • County

    Cuyahoga
  • Style

    Conventional
  • AD ID

    50321691

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BuyOwner last updated this listing 07/04/2025 @ 10:24

  • MLS: 5136101
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: MLSNow

is a Home, with 5 bedrooms which is for sale, it has 1,792 sqft, 0 sized lot, and 0 parking. are nearby neighborhoods.