$85,000
$94,500
10.1%For more information regarding the value of a property, please contact us for a free consultation.
0.47 Acres Lot
SOLD DATE : 10/18/2024
Key Details
Sold Price $85,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Subdivision Brooklyn
MLS Listing ID 5057601
Sold Date 10/18/24
Construction Status Fixer
HOA Y/N No
Year Built 1930
Annual Tax Amount $792
Tax Year 2023
Lot Size 0.472 Acres
Acres 0.472
Property Description
Unlock Massive Potential: 5-Unit Cleveland Apartment Building
This is a rare opportunity to own a prime 5-unit apartment building in the heart of Cleveland. With a complete rehab, this property can be transformed into a high-yielding investment.
Located in a rapidly developing area, this building benefits from proximity to major employers, including the steel mills, MetroHealth Hospital, and downtown Cleveland. Enjoy easy access to highways, public transportation, and the Cleveland MetroParks Zoo.
Key Investment Highlights:
High Demand: Two-bedroom units in the area command rents of $800-$1000 or more.
Development Potential: Two parcels offer the possibility of adding valuable on-site parking.
Prime Location: Situated near essential amenities, including shopping, healthcare, and recreation.
Disclaimer: This property requires a substantial renovation. Serious investors only. Bring your contractor and vision to unlock this property's full potential.
Find the video with aerials online, or ask your agent for a link.
Schedule a showing today! Bring your contractor, this one needs everything!
Location
State OH
County Cuyahoga
Rooms
Basement Full
Interior
Heating Forced Air
Cooling None
Fireplace No
Exterior
Garage Other
Water Access Desc Public
Roof Type Flat
Present Use Vacant
Parking Type Other
Building
Foundation Basement
Sewer Public Sewer
Water Public
Construction Status Fixer
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 009-01-016
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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Bought with Alaina Pontikos • Century 21 Homestar
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
8750 Cleveland Ave NW, North Canton, Ohio, 44720-8207, USA