6415 Gertrude Ave - Apartments FOR SALE


Cleveland, OH 44105- Broadway-Slavic Village | 
$279,900 USD
440-503-9609
6415 Gertrude Ave, Cleveland, OH for Sale
$279,900 USD
Apartments - FOR SALE
1/56
null | Request Cap Rate

6415 Gertrude Ave
Cleveland, OH 44105
Broadway-Slavic Village


HIGHLIGHTS

  • High Income potential of over $4,000/Month
  • Updated electrical panels, updated plumbing lines, separate furnaces and utilities, newer furnaces, younger water heaters, etc.
  • Conveniently located on Cleveland’s southeast side

OVERVIEW

Welcome to a rare income-producing opportunity featuring a duplex and a separate single-family home on one lot, perfect for investors or owner-occupants seeking strong cash-flow potential! The front duplex offers two spacious 3 bedroom and 1 bathroom units with updated LVP flooring, vinyl windows, newer cabinetry, laminate countertops, carpeted bedrooms, updated bathrooms, modern fixtures, and newer entry doors throughout. The rear single-family home provides up to 4 bedrooms and 1.5 bathrooms with updated finishes, vinyl windows, LVP kitchen flooring, refreshed bathroom, and functional living space ideal for additional rental income. Major improvements include updated electrical panels, updated plumbing lines, separate furnaces and utilities, newer furnaces, younger water heaters, glass block windows, updated 100 AMP meter bases, aluminum siding, newer roofing components, and recently painted exterior surfaces. With projected market rents of approximately $1,200+ per duplex unit and $1,600+ for the single-family home, this fully renovated property offers excellent cash-flow and long-term investment potential. Conveniently located on Cleveland’s southeast side, this property is just minutes from Washington Reservation, Warsaw Park, Morgana Park, and nearby shopping, restaurants, schools, public transportation, and major roadways, providing easy access to downtown Cleveland and surrounding areas. Full service property management available with dedicated departments for leasing, marketing, tenant communication. Plus rehab and construction services for remote investors! Whether you’re looking to expand your portfolio, house hack, or secure a high-upside income-producing property, this unique multi-building opportunity delivers space, flexibility, and excellent long-term potential! No wholesalers. No Seller financing. No low ball offers.

FOR SALE DETAILS

PRICE

$279,900 USD

PRICE/SF

$148 USD /SF

# OF UNITS

3

PRICE/UNIT

$93,300

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1910

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,138 SF

ZONING

2F

APN/PARCEL ID

132-13-050

ASK ABOUT THIS PROPERTY

Mike AzzamThe Azzam GroupMore Info
440-503-9609

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Mike AzzamThe Azzam GroupMore Info
440-503-9609

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.