Listed By
Agency Name: EXP Realty, LLC.
Agency Contact: pete@21hillrealestate.com, 216-318-7259
Shown By
Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575
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Property Description
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.
Property Features
Property Type: Commercial - Business
Cooling: None
Days on Market: 2
Heating: Forced Air
Lot Size: 0.12 Acres
Taxes: $4,862 / year
Year Built: 1917
Feature Descriptions
Parcel#: 105-21-035
Local Schools
School District: Cleveland Municipal - 1809
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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 www.cutlercigroup.com today.