The LOH SISTERS Multifamily Team is pleased to offer 520 Merritt Avenue, a pride of ownership 5-unit property located above Lake Merritt on Cleveland Heights' most coveted street. Extensive capital improvements completed in recent years: new roof; electrical upgrade; new copper plumbing; bolting & bracing; retaining wall; privacy fence; full exterior paint and more. 4 of the 5 units are generously sized at 910 square feet, one of which was successfully converted to a 2BD/1BA in 2019. Current unit mix is (4) 1BD/1BA (1) 2BD/1BA with the opportunity to immediately convert another unit to 2BD/1BA. Onsite coin laundry, storage lockers & carport. This is a rare opportunity to acquire a multi-unit building without depressed rents. Phenomenal location, proven stability, plus immediate upside! Email broker for OM.