1600 Eddington RoadEast Cleveland, OH 44118

Property Description

Step into a Prime Investment opportunity, with a significant positive ROI cash flow. This property has been enhanced with brand-new insulated vinyl windows, fresh exterior siding and updated gutters ensuring lasting curb appeal and years of low to no maintenance functionality. Inside both spacious units are occupied by long term approved CMHA tenants generating a reliable $3250.00 in monthly rents. Third bedroom in each unit is tandem. Major systems have been thoughtfully modernized-- electrical, plumbing updates throughout providing another level of low maintenance investment. The third floor offers a blank canvas and with some vision and updates could dramatically increase the rentability and profit margin for any investor. The home provides newer furnaces, hot water tanks as well as updated electrical panels, GFCI's and all the modern conveniences approved by CMHA. The property has been thru the Lead Safe compliance process and has certification. Property can be POS compliant at time of transfer. Don't miss this easy investment opportunity, the work has been done, long term approved tenants are in place, just take over and start adding to your investment portfolio !! The home is located near the vibrant Coventry Historic district in Cleveland Heights, close to University Circle and world class health care at the Cleveland Clinic. The redevelopment and of this area is evident on every corner, this is an amazing opportunity to get in early on the transformation of this district. Leases and all information provided upon request, showings scheduled with acceptable offer and financing documentation in place.

Property Features

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