647 Eddy Road, Cleveland, OH 44108
- $379,900
- 8
- BD
- 4
- BA
- 4,632
- SqFt
- Sold Price
- $379,900
- List Price
- $379,900
- Status
- CLOSED
- Stories
- 2
- MLS#
- 5165439
- Year Built
- 1918
- Closing Date
- Dec 08, 2025
- Bedrooms
- 8
- Bathrooms
- 4
- Living Area
- 4,632
- Region
- Cleveland
- Township
- Cleveland
- Subdivision / Building
- Burrows & Putts
Property Description
100% turnkey and ready Ca$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!
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Additional Information
- Taxes
- $2,999
- Acres
- 0.14
- Sewer
- Public Sewer
- View
- City
- Roof
- Asphalt, Fiberglass
- Water
- Public
- Heating
- Forced Air, Gas
- Cooling
- None
- School District
- Cleveland Municipal - 1809
Mortgage Calculator
Listing Courtesy of: Michael A Balamenti, mike@7sproperties.com With Power House Realty
Selling Office: EXP Realty, LLC..The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS Now and updated as of . Real estate listings held by brokerage firms other than Real Estate Company are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s).
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