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6701 Gertrude Avenue, Cleveland, OH 44105

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For Sale

$189,900

7 beds • 3 baths • 2,700 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • $70.33
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Excellent multi-family investment at 6701 Gertrude Ave, Cleveland, OH 44105, fully upgraded for durability and tenant appeal. This three-unit property boasts significant capital improvements ensuring longevity and low maintenance costs. Key upgrades include a new roof, 12 new windows, completely new plumbing and water tanks, two new furnaces plus an additional serviced unit, and an updated electrical grounding system with 90% new fixtures throughout. The interior and exterior have been freshly painted with new carpets and newer cabinets installed. Unit 1 features new laminate flooring, and the new enclosed porch adds valuable living space. Solar lights installed around the property enhance curb appeal and reduce energy costs. Unit mix offers diversified rental income: Unit 1 has 4 bedrooms and 1 bathroom, perfect for families or group housing; Unit 2 is a cozy 1 bedroom, 1 bathroom; Unit 3 includes 2 bedrooms and 1 bathroom. Each unit designed for comfort and tenant retention. With all major systems and finishes updated, this property stands ready for immediate occupancy or rental growth, making it a turnkey opportunity in Cleveland's market. Investors benefit from reduced capital expenditure risk, updated infrastructure, and a highly desirable layout.
MLS# 5157650

Courtesy Of Lokal Real Estate, LLC

(216) 252-6580

Property Features

  • Age
    Over 50 Years Old
  • Heating System
    Forced Air
  • Lot Size
    0.12 Acres
  • Rooms
    Basement

Map and Directions

Directions to 6701 Gertrude Avenue, Cleveland, OH 44105

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CENTURY 21 HomeStar

(440) 449-9100
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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.