6701 Gertrude Avenue, Cleveland, OH 44105

$200,000
7
BD
3
BA
2,700
SqFt

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Sold Price
$200,000
List Price
$189,900
Status
CLOSED
Days on Market
16
Closing Date
Oct 03, 2025
MLS#
5157650
Subtype
Residential Income
Year Built
1920
Bedrooms
7
Bathrooms
3
Full Baths
3
Living Area
2,700
Acres
0.12
Subdivision
Stone Hickox Hosmer Bates & Sm
Neighborhood
Stone Hickox Hosmer Bates & Sm
MLS Area Major
Cleveland

Property Description

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.

Additional Information

Taxes
$2,174
Heating
Forced Air
Air Conditioning
None
Stories
2
Levels
Two
Roof
Shingle
Parking Features
Parking Pad
School District
Cleveland Municipal - 1809

Listing Courtesy of: Eric M Hampton, erich@lokalrealestate.com With Lokal Real Estate, LLC.

Selling Office: Realtown Realty LLC.

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