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!
