1526 Eddington Road

East Cleveland OH 44118

2864 sq. ft.

0.12 ac.

Duplex

Currently for sale - view listing

Overview

Excellent value-add opportunity in East Cleveland! This 3-unit property at 1526 Eddington Rd features a finished third floor and strong long-term rental history. First Floor: 3-bedroom unit, currently vacant — ideal for owner-occupant or to lease at market rent. Second Floor: 3-bedroom unit, rented at $750/month, month-to-month with plenty of upside potential. Third Floor: Finished attic unit (studio), rented at $450/month, month-to-month. Tenants are long-term family occupants (related to each other), reliable, and have consistently paid on time with no issues reported. Additional income from coin-operated laundry in the basement, consistently generating a minimum of $125/month and as much as $200. Great opportunity for investors seeking immediate cash flow with upside through rent adjustments, filling vacancies, or for buyers looking to live in one unit while collecting rental income. Conveniently located near Coventry Rd, schools, short drive from University Circle, Little Italy, shopping, and major commuter routes.