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1675 Carlyon Road, East Cleveland, OH, 44112

$299,000

1675 Carlyon Road, Cleveland, OH 44112

Active
Last Updated: 09/15/2025

0.1984 acres

Lot Area

1915

Year Built

Details:
Lot Area:    0.1984 acres
Year Built:    1915
MlsNumber:    5137785
Highlights:
  • Annual Tax: $ 6601.0
  • Heating Type: Forced Air
  • Sewer: Public
  • Water: Municipal Water
  • Cooling: Window A/C
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!

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