46
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$380,000
Est. payment /mo
5,270 Sqft Lot
New
1156 Carl AVE Cleveland, OH 44103
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Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID 5151431
HOA Y/N No
Year Built 1917
Annual Tax Amount $4,850
Tax Year 2024
Lot Size 5,270 Sqft
Acres 0.121
Property Sub-Type Apartment
Property Description
This updated 6-unit apartment building offers strong cash flow potential with major improvements already completed. The roof was replaced in 2025 and comes with a 15-year warranty. Each unit features refinished hardwood and luxury vinyl plank flooring, fresh paint, updated kitchens, and several bathroom upgrades. Every unit also includes a private porch, adding to tenant appeal. Building systems have been modernized with 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. Currently, Unit 1 & 2 are rented at $1,150/month each, with the remaining units vacant and ready for lease-up. The seller is also willing to assist in filling additional units. This property is a turnkey opportunity for investors seeking immediate income with long-term upside.
Location
State OH
County Cuyahoga
Interior
Heating Forced Air
Cooling None
Fireplace No
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 105-21-035
Special Listing Condition Standard
Listed by Jack Krusinski • EXP Realty, LLC. • jack@21hillrealestate.com, 216-789-6736