Excellent multi-family investment at 6701 Gertrude Ave, Cleveland, OH 44105, fully upgraded for durability and tenant appeal. This three-unit property boasts significant capital improvements ensuring longevity and low maintenance costs. Key upgrades include a new roof, 12 new windows, completely new plumbing and water tanks, two new furnaces plus an additional serviced unit, and an updated electrical grounding system with 90% new fixtures throughout. The interior and exterior have been freshly painted with new carpets and newer cabinets installed. Unit 1 features new laminate flooring, and the new enclosed porch adds valuable living space. Solar lights installed around the property enhance curb appeal and reduce energy costs. Unit mix offers diversified rental income: Unit 1 has 4 bedrooms and 1 bathroom, perfect for families or group housing; Unit 2 is a cozy 1 bedroom, 1 bathroom; Unit 3 includes 2 bedrooms and 1 bathroom. Each unit designed for comfort and tenant retention. With all major systems and finishes updated, this property stands ready for immediate occupancy or rental growth, making it a turnkey opportunity in Cleveland’s market. Investors benefit from reduced capital expenditure risk, updated infrastructure, and a highly desirable layout.
Listing Courtesy of: Eric M Hampton, erich@lokalrealestate.com With Lokal Real Estate, LLC.
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