This updated 6-unit apartment building offers strong cash flow potential with major improvements already completed. Each unit has 2 bedrooms and 1 full bath. 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 1,2,5 & 6 are rented at $1,150/month each, with the remaining units vacant and ready for lease-up. This property is a turnkey opportunity for investors seeking immediate income with long-term upside.
Listed By
Agency Name: EXP Realty, LLC.
Agency Contact: pete@21hillrealestate.com, 216-318-7259
Shown By
Agent Name: Pam Glatzhofer
Agent Phone: (330) 608-8260
Agency Title: Kremer Realty, Inc
1156 Carl Avenue | MLS# 5187567
This commercial property located at 1156 Carl Avenue, Cleveland, OH 44103 is currently listed for sale with an asking price of $354,999. Carl Avenue is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on pam.kremerrealty.com today.