3293 E 139th Street, Cleveland, OH 44120

Property Description

No wholesalers. No Seller financing. No low ball offers. This cash-flowing colonial presents an excellent opportunity for investors looking to expand their portfolio with a performing asset. The property features 3 bedrooms and 3 bathrooms, offering a spacious layout that includes generous living areas, a functional kitchen, and an adjoining dining space designed for comfortable everyday living. The full basement provides ample storage and presents additional value-add potential for future improvements or increased rental income. Currently tenant-occupied at $1,100 per month on a month-to-month lease, $1080 of rent is covered by CMHA. This property offers immediate cash flow with flexibility for rent adjustments or repositioning to maximize returns. Conveniently located in Cleveland, just minutes from Luke Easter Park and the Southington (Blue Line) Rapid Station, the property provides easy access to major highways, public transportation, shopping, dining, schools, and other local amenities—making it an attractive option for tenants and investors alike. The property is currently undergoing lead clearance repairs, including ALL new windows and necessary exterior paint, which will all be completed prior to closing. Full service property management available with dedicated departments for leasing, marketing, tenant communication. Plus rehab and construction services for remote investors! Don’t miss this chance to secure a cash-flowing property with upside potential in a well-connected Cleveland location!