1909 Coltman Road, Cleveland, OH 44106

$520,000

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Sold Price
$520,000
List Price
$535,000
Status
CLOSED
Days on Market
80
Closing Date
Jun 05, 2025
MLS#
5107125
Subtype
Commercial Sale
Year Built
1915
Acres
0.09
Subdivision
T S Knights Allotment
Neighborhood
T S Knights Allotment
MLS Area Major
Cleveland

Property Description

Welcome to 1909 Coltman, a fantastic multi-unit property offering a great investment opportunity. This five-unit building features a mix of renovated and occupied units, making it ideal for investors seeking rental income and long-term value. Unit 1 is a one-bedroom unit that is currently vacant and move-in ready, featuring fresh paint, luxury vinyl flooring, and an updated kitchen and bath. Unit 2 is a two-bedroom unit, recently updated with fresh paint, new countertops, new cabinets, and replacement windows. Unit 3 is occupied by a long-term tenant, providing steady rental income. Unit 4 is a fully renovated one-bedroom unit currently operating as a successful Airbnb. Unit 5 is a two-bedroom unit with a renovated kitchen and bath, ready for new occupants. It is also being operated as an Airbnb. This turnkey property is located in the desirable area of Little Italy, offering both rental stability and income potential. Whether you're looking for long-term tenants or short-term rental income, 1909 Coltman is an excellent investment. Contact us today to schedule a showing!

Additional Information

Taxes
$13,452
Heating
Electric, Forced Air
School District
Cleveland Municipal - 1809

Listing Courtesy of: Dennis Mallett, dennismallett@kw.com With Keller Williams Greater Cleveland Northeast

Selling Office: EXP Realty, LLC..

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