$325,000

689 Midland is a fully turnkey four unit building in Cleveland's South Collinwood neighborhood, with a clean and rentable 2 bedroom, 1 bath layout in every unit. Three of the four units have been completely updated this year with new carpet, new flooring, ceramic tile, new showers and updated kitchens and baths. The building work is just as thorough: three brand new furnaces, four new hot water tanks and completed electrical upgrades, all done this year. Outside, a new asphalt driveway and parking pad were installed and the exterior has been painted, while the basement has been drylocked. Consistent unit layouts, updated interiors and new mechanicals mean the next owner inherits a property that is genuinely ready to rent rather than a list of deferred projects. A straightforward four unit for an investor who wants the heavy lifting already finished.