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Listed price in listed location currency (USD).
$249,999

820

MLS® 5252078

Overview

Key Facts

Type Duplex
Levels Residential Income
Size 4402 sqft
Garage 
Taxes $1,234
Days Active 0
Lot Size 0.1304 Acres
Approx. Age 1922
Avg. Price Per Sqft $56
MLS® Number 5252078

Property Address: 2-1550 Belmar Road, East Cleveland, OH, 44118

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number5252078
Laundry LevelLower
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1922
BasementConcrete, Unfinished
DrivewayDriveway
Garage Spaces
HeatForced Air
A/CCentral Air

Extras

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