Listed By
Agency Name: Keller Williams Living
Agency Contact: Erinthomas@kwcommercial.com, 440-670-2300
Shown By
Agent Name: Pattison Group
Agent Phone: (614) 288-4287
Agency Title: Cutler Real Estate
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Property Description
Income potential exceeding $4,000 per month near Coventry Village! This vacant duplex offers 8-9 bedrooms across two spacious units. The lower unit features 3 bedrooms with potential for a fourth and was previously leased through CMHA at $1,900 per month, with current published voucher rent of approximately $2,160. The upper unit offers 5 bedrooms across two levels and was previously leased for $2,460 per month, generating combined historical rents of $4,360 monthly. Both units are rent ready with appliances included. Recent improvements include exterior paint, unit updates, flooring, plumbing, upgraded electrical, new furnace, new central air, and newer water heaters. Located just uphill from Coventry Village in a residential neighborhood bordering Cleveland Heights, with convenient access to shopping, dining, and amenities. Similar properties just a few blocks away have sold at over 350k. The street is undergoing a makeover with 2 nearby properties also being flipped.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Concrete, Unfinished
Cooling: Central Air
Heating: Forced Air
Lot Size: 0.13 Acres
Roof Type: Tile
Stories: 3.0
Taxes: $1,233 / year
Year Built: 1922
Feature Descriptions
Appliances: Range, Refrigerator, Washer
Exterior: Frame
Fencing: None
Laundry: In Basement
Parcel#: 672-27-104
Parking: Driveway
Sewer: Public Sewer
View: Neighborhood
Water: Public
Local Schools
School District: East Cleveland City
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Estimated Payment
$ 1,583.69 per month $1,408.03 Principal & Interest $102.75 Property Tax $72.92 Homeowner's InsuranceChange Payment Information
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1550 Belmar Road , Unit 2 | MLS# 5252078
This multi-family property located at 1550 Belmar Road , Unit 2, East Cleveland, OH 44118 is currently listed for sale with an asking price of $249,999. Belmar Road , Unit 2 is located within the East Cleveland City school district. Search East Cleveland real estate on www.pattisonrealestate.com today.