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Sara Eddy

[email protected] +1(330) 310-5259

$ 165,000

Est. payment -/mo

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New

1000 Eddy RD Cleveland, OH 44108

6 Beds

2 Baths

4,037 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,037 sqft

Price per Sqft $40

Subdivision Adams Realty Companys Sub

MLS Listing ID 5235296

Bedrooms 6

Full Baths 2

Construction Status Updated/Remodeled

HOA Y/N No

Abv Grd Liv Area 2,702

Year Built 1918

Annual Tax Amount $1,455

Tax Year 2025

Lot Size 4,560 Sqft

Acres 0.1047

Property Sub-Type Duplex

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.

Location

State OH

County Cuyahoga

Community Curbs, Other, Playground, Park, Sidewalks

Direction East

Rooms

Basement Full, Unfinished

Interior

Interior Features Built-in Features, Entrance Foyer, Other, Pantry, Storage

Heating Forced Air

Cooling None

Fireplace No

Window Features Screens

Laundry In Basement

Exterior

Exterior Feature Lighting, Private Yard

Parking Features Driveway, On Street

Fence Chain Link, Partial, Wood

Pool None

Community Features Curbs, Other, Playground, Park, Sidewalks

Water Access Desc Public

View Neighborhood

Roof Type Asphalt,Fiberglass,Shingle

Accessibility None

Private Pool No

Building

Lot Description Back Yard, Flat, Front Yard, Level

Faces East

Story 2

Sewer Public Sewer

Water Public

Level or Stories Two

Construction Status Updated/Remodeled

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 110-12-026

Security Features Smoke Detector(s)

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Standard

IDX - Northern Ohio Regional MLS (YES-MLS)/MLS NOW

Listed by Mashume Akpo-Esambe • Russell Real Estate Services • [email protected], 440-821-4826