Carl Ave

0 Bedroom Condo has been listed for sale at 1156 Carl Ave in Cleveland for $399,999. Chat with a local expert, book a tour.

Cleveland

Hecker

1156 Carl Ave

1156 Carl Ave, For Sale in Cleveland - eXp Commercial Brokerage

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.

Charming Apartment Building with 5 out of 6 units recently renovated. Including new furnaces, new hot water tanks, flooring, paint and some new windows. Modern Amenities including updated kitchens equipped with appliances. Abundant Natural Light: Large windows throughout the units flood the interiors with natural light, creating a warm and inviting ambiance. Recent renovations have enhanced the property's appeal, with attention to detail evident in the tasteful finishes and premium materials used. Individual Climate Control: Residents can personalize their comfort with individual heating systems, ensuring optimal temperature control year-round. Ample Storage: Each unit offers ample storage space, including closets and cabinets, to accommodate residents' belongings and organizational needs. The property offers proximity to local amenities, dining, shopping, and entertainment options. Convenient Transportation: Easy access to public transportation hubs and major roadways facilitates commuting and travel to nearby destinations. Strong Rental Demand: The property's desirable location and attractive features make it a highly desirable rental option, ensuring consistent demand and potential for attractive returns on investment. Rent received is $725 per month per unit. The unit that needs renovated is vacant. Tenants pay Gas & Electric. Landlord pays water & sewer.

1156 Carl Ave, Cleveland, OH

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