




1600 Eddington Rd, East Cleveland, OH, 44118
About This Home
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.
Getting Around
Schools
Construction
Condition
- Year built: 1923
Materials
- Foundation: Block
- Roof: Asphalt,Fiberglass
- Construction materials: Vinyl Siding
Type & Style
- Home type: MultiFamily
- Property subType: Duplex,Multi Family
Interior
Appliances
- Laundry features: Common Area,In Basement
Basement
- Has basement: Yes
- Basement: Full,Interior Entry,Concrete,Walk-Up Access
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Features
- Window features: Double Pane Windows,Insulated Windows
- Finished area below ground: 1,370
- Finished area above ground: 2,740
Heating & Cooling
- Heating features: Forced Air,Gas
- Cooling features: Ceiling Fan(s)
Interior Area
- Total structure area: 4,110
- Total interior livable area: 4,110 sqft
Property
Details
- Parcel number: 67227066
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
- Exterior features: Rain Gutters
Lot
- Lot size: 5,314 sqft
Parking
- Parking features: On Site,Off Street
