Fully Occupied Five-Unit
630634 Eddy Road Cleveland, OH 44108
For Sale
$325,000
Turnkey five-unit apartment building with fully occupied 2-bedroom, 1-bath units and recent major system and interior updates.
Property Size3,232 SF
Price / SF$100.56
Days on Market84
Property Features for 630634 Eddy Road
General Information
- Standard status
- Active
- Size
- 3,232 SF
- Property subtype
- Apartment
Building Details
- Year Built
- 1918
Listing Agency:
(216) 406-3186
Listed By:
Russell Real Estate Services
(216) 406-3186
Source:
Xome
Added: May 5
Changed: Jul 23
Last Checked: Jul 26 at 3:34AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Russell Real Estate Services
Investment Insights
Based on property information with market context.
This fully occupied five-unit apartment building features a consistent unit mix of 2 bedrooms and 1 bathroom per unit. The property reports tenants responsible for gas and electric. Recent improvements include newer HVAC systems, updated flooring, plumbing, bathrooms, kitchens, windows, roof, and landscaping, with one unit recently fully remodeled.
The building is located in the Forest Hills neighborhood of Cleveland, OH, with convenient access to local parks, shopping, dining, public transportation, and major freeway access for trips to Downtown Cleveland and surrounding employment centers.
With all units currently leased, the property is positioned as a turnkey option for an owner looking for manageable, low-maintenance operations supported by a proven rental history as described in the offering.
The building is located in the Forest Hills neighborhood of Cleveland, OH, with convenient access to local parks, shopping, dining, public transportation, and major freeway access for trips to Downtown Cleveland and surrounding employment centers.
With all units currently leased, the property is positioned as a turnkey option for an owner looking for manageable, low-maintenance operations supported by a proven rental history as described in the offering.
Key Highlights
- Fully occupied 5‑unit apartment building in Forest Hills with all units featuring 2 bedrooms and 1 bathroom
- Generates $4,879/month in gross rental income; tenants pay gas and electric
- Recent improvements include newer HVAC systems, updated flooring, plumbing, bathrooms, kitchens, and windows
Property Analytics
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Turnkey five-unit apartment building with fully occupied 2-bedroom, 1-bath units and recent major system and interior updates.
Where is this apartment building located?
The property is located at 630634 Eddy Road Cleveland, OH.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Fully occupied 5‑unit apartment building in Forest Hills with all units featuring 2 bedrooms and 1 bathroom; Generates $4,879/month in gross rental income; tenants pay gas and electric; Recent improvements include newer HVAC systems, updated flooring, plumbing, bathrooms, kitchens, and windows
