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$ 415,000
Est. payment /mo
New
1156 Carl AVE Cleveland, OH 44103
5,270 Sqft Lot
UPDATED:
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID 5135392
HOA Y/N No
Year Built 1917
Annual Tax Amount $4,850
Tax Year 2024
Lot Size 5,270 Sqft
Acres 0.121
Property Sub-Type Apartment
Property Description
This updated 6-unit apartment building offers strong cash flow with all major systems already improved. Units feature refinished hardwood and luxury vinyl plank flooring, fresh paint, updated kitchens, and several bathroom upgrades. Each unit includes a private porch for added tenant appeal. Major improvements include new GE electrical panels and wiring in each unit, a new exterior electric meter bank, updated PVC plumbing, newer furnaces, and several newer hot water tanks. Vinyl windows are installed throughout, and the roof was replaced in 2020. Units 1 and 2 are rented at $1,150/month. Units 3–6 are vacant and ready for lease-up. This is a turnkey opportunity for investors seeking immediate income with long-term upside.
Location
State OH
County Cuyahoga
Interior
Heating Forced Air
Cooling None
Fireplace No
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 105-21-035
Special Listing Condition Real Estate Owned
Listed by Peter Krusinski • RE/MAX Above & Beyond • pete@21hillrealestate.com, 216-318-7259