1690 Eddington Road presents the incredible opportunity to purchase a newly redone turnkey 11-unit apartment building (with the potential for a 12th unit) in one of Cleveland's hottest East Side suburbs. Located in Coventry Village, this property is second to none in its proximity to schools, entertainment, and employment. Just a second's walk to all the entertainment Coventry Village offers and a minute's drive to Little Italy, Cedar Hill, Case Western Reserve, University Hospitals, and the Cleveland Clinic, this property is positioned for long-term stability, consistent high occupancy, and rent growth. The owner has recently finished rehabbing the full building, including refreshed common areas, rebuilt exterior stairways, all new vinyl windows, and all newly renovated units, including refinished hardwood floors, new paint, and new kitchens and bathrooms; a buyer will simply need to take over and continue to lease up. In addition, professional management that is extremely familiar with the building and area is already in place and has begun leasing. Current management would like to stay on and offer a seamless transition for a new owner. Currently, seven units are leased (grossing $5,280), with leasing still in progress and will continue. In addition, a buyer can convert a storage room into a potential 12th unit for additional income. Pro forma, this property has the potential for over $75,000 annually in NOI. At a 7% cap rate, that's a pro forma value of over $ 1 million. Tenants are responsible for their electricity and gas. The owner is responsible for water/sewer, gas for the boiler heat, common area electricity, and trash.