1000 Eddy Road, Cleveland, OH 44108

$161,900
6
BD
2
BA
4,037
SqFt

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List Price
$161,900
Status
ACTIVE
Days on Market
149
Price Change
▼ $3,000 1784840501
MLS#
5187987
Subtype
Residential Income
Year Built
1918
Bedrooms
6
Bathrooms
2
Full Baths
2
Living Area
4,037
Acres
0.10
Subdivision
Adams Realty Companys Sub
Neighborhood
Adams Realty Companys Sub
MLS Area Major
Cleveland

Property Description

Great investment property. This duplex is move in ready. Half occupied, the unit is receiving $1,250 a month. The other unit is vacant and is expected to bring another $1,250 which would be a combined total of $2,500 monthly. The property has a two new furnace and two new hot water tanks as of 2025. These estimates are conservative since CMHA will pay $1,683 for a 3 bedroom unit. That would bring monthly rent to $3,366 potentially or $40,392 annually. The exterior has been painted and all lead issue eliminated. Just add this to your portfolio, place tenants and collect rent. Huge Income potential. The seller would prefer to sell the property AS-IS. Come and check it out today!! Please no wholesalers or assignment of contracts. The seller will not entertain owner financing. Property to be sold AS-IS, seller does not have the ability to make any more repairs. All due diligence and walkthroughs to be done prior to an offer being submitted. Down Unit is Currently Tenant occupied. No showings without an accepted offer. Only show 2nd floor and common areas at this time.

Additional Information

Interior Features
Built-in Features, Ceiling Fan(s), Other, Storage
Exterior Features
Lighting, Other, Private Yard
Taxes
$1,454
Heating
Forced Air
Air Conditioning
None
Stories
2
Levels
Two
Roof
Asphalt, Fiberglass, Shingle
Parking Features
Driveway, No Garage, Off Street, On Street
School District
Cleveland Municipal - 1809
View
City

Listing Courtesy of: Mashume Akpo-Esambe, mashume86@gmail.com With Russell Real Estate Services

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