OH > East Cleveland > Grandview 02 Sub-Bingham & Jac
East Cleveland, OH 44112,1675 Carlyon RD
East Cleveland, OH 44112,1675 Carlyon RD
East Cleveland, OH 44112,1675 Carlyon RD
East Cleveland, OH 44112,1675 Carlyon RD
East Cleveland, OH 44112,1675 Carlyon RD
East Cleveland, OH 44112,1675 Carlyon RD
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Tom Garuccio

Tom Garuccio

+1(440) 754-7449
$ 297,000
Est. payment | /mo

8,642 Sqft Lot

Save
$ 297,000
Est. payment | /mo
Save

8,642 Sqft Lot

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. 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!

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

Northern Ohio Regional MLS (YES-MLS)
Listed by Leilani M Bowersock • Coldwell Banker Schmidt Realty • leilani7b@gmail.com, 440-570-9514
Tom Garuccio

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(440) 754-7449

tom@garucciogroup.com

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1675 Carlyon RD