11818-20 Erwin Avenue, Cleveland, OH 44135

$195,000
4
BD
3
BA
1,851
SqFt

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Sold Price
$195,000
List Price
$175,000
Status
CLOSED
Days on Market
55
Closing Date
Apr 16, 2025
MLS#
5100174
Subtype
Residential Income
Year Built
1950
Bedrooms
4
Bathrooms
3
Full Baths
2
Half Baths
1
Living Area
1,851
Acres
0.18
MLS Area Major
Cleveland

Property Description

This fully remodeled, income-generating property features two side-by-side townhouses—one offering 2 bedrooms and 1 bath, and the other featuring 2 bedrooms and 1.5 baths. Currently generating $2,088 per month in rental income, with tenants responsible for their own utilities, this turnkey investment offers immediate returns. Unit 11820 showcases a renovation with luxury vinyl flooring, a white shaker kitchen with granite countertops, and more. Unit 11818 was remodeled in 2024 with new luxury vinyl flooring on the main level, refinished hardwood floors upstairs, updated bathrooms, and brand-new stainless-steel appliances. Additional property upgrades include a newer roof, new electrical panels, and vinyl windows. With quality tenants in place and the seller divesting for personal reasons, this turnkey investment offers immediate rental income, premium finishes, and long-term value. **Unit 11818 Updates:** - 2024: Refinished hardwood floors upstairs - 2024: New electrical panel installed - 2024: New LVP flooring downstairs - 2024: New water heater - 2024: Bathroom remodel including new vanities and shower - 2024: Brand-new stainless-steel appliances, including fridge and stove **Unit 11820 Updates:** - 2024 New electrical panel installed - 2022: New LVP flooring, granite countertops, cabinets, and a bathroom remodel Don’t miss out on this exceptional opportunity! Full video uploaded for your viewing pleasure!

Additional Information

Taxes
$2,492
Heating
Forced Air, Gas
Air Conditioning
None
Stories
2
Levels
Two
Roof
Asphalt, Fiberglass
Foundation
Slab
Parking Features
Driveway, No Garage, Paved
School District
Cleveland Municipal - 1809

Listing Courtesy of: Christine M Williams, christine@premierohioteam.com With Keller Williams Elevate

Selling Office: Redfin Real Estate Corporation.

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