647 Eddy Road, Cleveland, OH 44108
- $379,900
- 8
- BD
- 4
- BA
- 4,632
- SqFt
- Sold Price
- $379,900
- List Price
- $379,900
- Status
- CLOSED
- Days on Market
- 52
- Closing Date
- Dec 08, 2025
- MLS#
- 5165439
- Subtype
- Residential Income
- Year Built
- 1918
- Bedrooms
- 8
- Bathrooms
- 4
- Full Baths
- 4
- Living Area
- 4,632
- Acres
- 0.14
- Subdivision
- Burrows & Putts
- Neighborhood
- Burrows & Putts
- MLS Area Major
- Cleveland
Property Description
100% turnkey and ready Ca$h Cow! Better than new 4632 SQFT quad unit apartment building! Must see to believe the meticulous craftsmanship and professional quality! Each unit has 5 rooms, 2 bedrooms and 1 bathroom, 1158 SQFT each. Seller has completely gutted the entire building and rebuilt it. All new mechanical systems include PVC drains, copper feed lines, gas lines, Romex wiring, all separate updated panel boxes and meters. Furnaces, ductwork and power vent hot water tanks all 2022. Rebuilt porches front and back, roof 2015, Alside Mezzo double hung vinyl windows 2020, double Dutch lap vinyl siding 2021. All 4 interior units have been redone in the last 2 years. Updates include insulation, drywall, millwork, interior and exterior doors, vinyl plank flooring electrical and plumbing fixtures, kitchens, bathrooms, hardware, double racked closets kitchen appliances include stoves, refrigerators, garbage disposals and more! With 25% down at 7.25 interest rate there is a 14.31% cash on cash return (ROI) and a 10.17% Cap Rate!
Additional Information
- Interior Features
- Ceiling Fan(s), Eat-in Kitchen, High Ceilings, Laminate Counters, Open Floorplan, Pantry, Storage
- Taxes
- $2,999
- Appliances
- Disposal, Range, Refrigerator, Washer
- Heating
- Forced Air, Gas
- Air Conditioning
- None
- Stories
- 2
- Levels
- Two
- Roof
- Asphalt, Fiberglass
- Parking Features
- Driveway
- School District
- Cleveland Municipal - 1809
- View
- City
Listing Courtesy of: Michael A Balamenti, mike@7sproperties.com With Power House Realty
Selling Office: EXP Realty, LLC..Mortgage Calculator
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