1550 Belmar RD #2, East Cleveland, OH 44118
1550 Belmar RD #2, East Cleveland, OH 44118
1550 Belmar RD #2, East Cleveland, OH 44118
1550 Belmar RD #2, East Cleveland, OH 44118
1550 Belmar RD #2, East Cleveland, OH 44118
1550 Belmar RD #2, East Cleveland, OH 44118
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$ 249,999
Est. payment | /mo

8 Beds

2 Baths

4,402 SqFt


Save
$ 249,999
Est. payment | /mo
Save

8 Beds

2 Baths

4,402 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,402 sqft

Price per Sqft $56

Subdivision Rapid Transit Land Cos 07

MLS Listing ID 5252078

Bedrooms 8

Full Baths 2

HOA Y/N No

Abv Grd Liv Area 3,068

Year Built 1922

Annual Tax Amount $1,233

Tax Year 2025

Lot Size 5,680 Sqft

Acres 0.1304

Property Sub-Type Duplex

Property Description

Income potential exceeding $4,000 per month near Coventry Village! This vacant duplex offers 8-9 bedrooms across two spacious units. The lower unit features 3 bedrooms with potential for a fourth and was previously leased through CMHA at $1,900 per month, with current published voucher rent of approximately $2,160. The upper unit offers 5 bedrooms across two levels and was previously leased for $2,460 per month, generating combined historical rents of $4,360 monthly. Both units are rent ready with appliances included. Recent improvements include exterior paint, unit updates, flooring, plumbing, upgraded electrical, new furnace, new central air, and newer water heaters. Located just uphill from Coventry Village in a residential neighborhood bordering Cleveland Heights, with convenient access to shopping, dining, and amenities. Similar properties just a few blocks away have sold at over 350k. The street is undergoing a makeover with 2 nearby properties also being flipped.

Location

State OH

County Cuyahoga

Rooms

Basement Concrete, Unfinished

Interior

Heating Forced Air

Cooling Central Air

Fireplace No

Appliance Range, Refrigerator, Washer

Laundry In Basement

Exterior

Parking Features Driveway

Fence None

Pool None

Water Access Desc Public

View Neighborhood

Roof Type Tile

Private Pool No

Building

Story 3

Sewer Public Sewer

Water Public

Level or Stories Three Or More

Schools

School District East Cleveland Csd - 1812

Others

Tax ID 672-27-104

Special Listing Condition Standard

IDX - Northern Ohio Regional MLS (YES-MLS)/MLS NOW
Listed by Erin Thomas • Keller Williams Living • Erinthomas@kwcommercial.com, 440-670-2300

Nearby Locations

Tom Garuccio

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

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1550 Belmar RD #2