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32475245
32475254

630 Eddy Road, Cleveland, OH 44108

HN
OH OH 2019007599
Amherst-Russell Real Estate Services
Listed by Amherst-Russell Real Estate Services
$325,000
23 days on market
Updated 23 days ago
Opportunity zone

630 Eddy Road

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,232
Year Built 1918
Acreage 0.120

About This Property

Marketing description

Excellent opportunity to acquire a fully occupied 5-unit apartment building located in the Forest Hills neighborhood. All five units feature 2 bedrooms and 1 bathroom, providing a highly desirable and consistent unit mix for tenants. The property currently generates $4,879/month in gross rental income, with tenants responsible for gas and electric, helping minimize owner expenses. Recent improvements include newer HVAC systems, updated flooring, plumbing, bathrooms, kitchens, windows, roof, landscaping, and one unit was recently fully remodeled, making this a strong turnkey, low-maintenance investment opportunity with a proven rental history. The property is conveniently located near local parks, shopping, dining, public transportation, and major freeway access, with quick access to Downtown Cleveland and surrounding employment centers. The Forest Hills area offers a strong rental market with walkability to neighborhood amenities and nearby retail conveniences, supporting long-term tenant demand. Ideal opportunity for investors seeking immediate cash flow with additional upside potential through future rent optimization.

Listing Contacts

HN
OH OH 2019007599
Amherst-Russell Real Estate Services
Listed by Amherst-Russell Real Estate Services

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Additional Information

Name
Hamzah Najar
License
OH 2019007599
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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