1675 Carlyon RD Active Save Request In-Person Tour Request Virtual Tour
East Cleveland,OH 44112
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Grandview 02 Sub/Bingham & Jac
MLS Listing ID 5137785
HOA Y/N No
Year Built 1915
Annual Tax Amount $6,601
Tax Year 2023
Lot Size 8,642 Sqft
Acres 0.1984
Property Sub-Type Apartment
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. 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!
Location
State OH
County Cuyahoga
Interior
Heating Forced Air
Cooling Window Unit(s)
Fireplace No
Exterior
Parking Features On Street
Water Access Desc Public
Building
Sewer Public Sewer
Water Public
Schools
School District East Cleveland Csd - 1812
Others
Tax ID 672-06-017
Acceptable Financing Cash,Conventional,1031 Exchange
Listing Terms Cash,Conventional,1031 Exchange
Special Listing Condition Standard