18707 Shawnee Avenue, Cleveland, OH 44119

ATTENTION INVESTORS: TURNKEY SECTION 8 CASH COW IN LAKE CORRIDOR POCKET — $1,691/MO WITH NEAR-TERM UPSIDE. 18707 Shawnee Ave is a strong income producer in Cleveland’s 44119 lake corridor, now generating $1,691/mo ($1,550 CMHA Section 8 plus $141/mo garage rent), and the current tenant becomes eligible to submit for a CMHA rent-increase request around the first week of July, giving the next owner a near-term shot at higher approved rents without changing occupants. Near the Euclid line, it benefits from high Euclid-influenced rent levels while keeping typically lower Cleveland taxes, and sits on a quiet, well-kept residential street where nearby homes are actively rented and units tend to lease quickly and stay full. Additional upside exists if the dry basement is finished and additional rooms are added to the existing bath setup, which could support higher future rent potential (buyer to verify with CMHA and market data). Turnkey rehab work is done: restored hardwoods, new kitchen...