$297,000/mo

1675 Carlyon Road, East Cleveland, OH 44112

Rental
Built in 1915
8,642sqft lot
—— car garage
$——/sqft
Listed 4 months ago

Property Description

Take a look at this amazing Side by Side 6 unit apartment building! Income producing with incredible room for income improvement upon lease turn! This is the perfect property to add to your real estate portfolio or start off with a great income producing asset! Currently, this property is 66% tenant occupied with monthly rents for all four tenants under market at $750 each plus paying their own gas/electric. Market rent amounts can be up to $1,200 a unit! Increase rents in existing units and start 2 new at market in the two vacant units! All units are 2 bedroom/1 bath units with spacious layouts per unit! Brick building! Updates include: NEW vinyl windows throughout, bathroom and kitchen updates in units, newer carpet, ceilings retextured, interior paint, rebuild on front porch/balcony supports, and LVP flooring in select units! Selling as is, Buyer to assume any city Point of Sale report items-IF any, and inspection to be ordered by seller upon contract. Year of Roof and Hvac unknown but in good working order, no leaks, Hvac runs great to units! No escrow for East Cleveland! Close to shopping centers, restaurants, local transportation, parks, freeway access, hospitals and is in close proximity to downtown Cleveland! Do not miss your opportunity to get your hands on this property! Other portfolio properties for sale by same owner can be found at MLS #: 516-8592, 516-8702, 516-8708, 516-8710, 516-8730, 516-8784, 516-8792, 516-8799, 516-8806, 516-8808, 513-4198, and 512-5847!

Listing Status:: Active
Listing Office:: Coldwell Banker Schmidt Realty : 440-951-1410
Listing Agent:: Leilani M Bowersock : 440-570-9514
MLS ID:: 5137785

A/C: Window Unit(s)
Heating: Forced Air

Parking: On Street

Originating MLS: NOWDD_NORM
School District: East Cleveland CSD - 1812
County: Cuyahoga

Zoning: 389 GRANDVW#2 &S/L47 ALL 0046 ALL672-06-017

Water: Public
Sewer: Public Sewer

Source: NOWDD_NORM

This listing courtesy of Leilani M Bowersock, Coldwell Banker Schmidt Realty

Location

Schools Nearby

Mayfair Elementary School

13916 Mayfair Ave, Cleveland, OH, 44112

Grades 3-5

0.99 miles away

W.H. Kirk Middle School

14410 Terrace Rd, Cleveland, OH, 44112

Grades 6-8

1.03 miles away

Shaw High School

15320 Euclid Ave, Cleveland, OH, 44112

Grades 9-12

1.54 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.