RobHohler
BEDS7
BATHS2 full 1 partial
SQUARE FEET2,864
MLS#5182791
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONCoventry Mayfield
SCHOOLEast Cleveland City
Property Description
Excellent value-add opportunity in East Cleveland! This 3-unit property at 1526 Eddington Rd features a finished third floor and strong long-term rental history. First Floor: 3-bedroom unit, currently vacant ? ideal for owner-occupant or to lease at market rent. Second Floor: 3-bedroom unit, rented at $750/month, month-to-month with plenty of upside potential. Third Floor: Finished attic unit (studio), rented at $450/month, month-to-month. Tenants are long-term family occupants (related to each other), reliable, and have consistently paid on time with no issues reported. Additional income from coin-operated laundry in the basement, consistently generating a minimum of $125/month and as much as $200. Great opportunity for investors seeking immediate cash flow with upside through rent adjustments, filling vacancies, or for buyers looking to live in one unit while collecting rental income. Conveniently located near Coventry Rd, schools, short drive from University Circle, Little Italy, shopping, and major commuter routes.
Property Features
Property Type: Multi Unit - Multiple
Basement: Unfinished
Basement: Yes
Cooling: Central Air
Heating: Forced Air
Lot Size: 0.12 Acres
Roof Type: Asphalt, Shingle
Stories: 3.0
Taxes: $1,973 / year
Year Built: 1926
Feature Descriptions
Appliances: Dryer, Washer
Days on Site: 45
Exterior: Aluminum Siding, Vinyl Siding
Laundry: In Basement
Parcel#: 672-27-075
Parking: Driveway, On Site, Parking Pad
Sewer: Public Sewer
Water: Public
Local Schools
School District: East Cleveland City
Listed By / Shown By
Listed By
Agency Name: EXP Realty, LLC.
Agency Contact: erin@boardwalkcle.com, 216-200-7771
Shown By
Agent Name: Rob Hohler
Agent Phone: Cell: (419) 602-7577
Agency Title: Key Realty
Estimate Your Payment
Estimated Payment
$ 1,164.34 per month $950.37 Principal & Interest $164.42 Property Tax $49.55 Homeowner's InsuranceChange Payment Information
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1526 Eddington Road | MLS# 5182791
This multi-family property located at 1526 Eddington Road, East Cleveland, OH 44118 is currently listed for sale with an asking price of $169,900. Eddington Road is located within the East Cleveland City school district. Search East Cleveland real estate on robhohler.ikeyrealty.com today.