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Photo
Property TypeMultifamily (5+)
LocationCleveland, Ohio
Map It
TitleVACANT 51 UNIT APARTMENT COMPLEX READY FOR RENOVATION WITH EXCELLENT UPSIDE IN EAST CLEVELAND OHIO
Summary

Vacant 51 Unit Multi Family Apartment Renovation Project
46107 SF on 23762 SF Lot - Built 1925
Located 14 Minutes to Downtown Cleveland

Details

Property has 2 buildings with 51 Units
Unit Mix (3) 2 Beds, (43) 1 Beds and (5) Studios 3 and 4 Stories
Includes an attached, indoor garage, newer windows and on-site laundry facilities.

Income and Sales Details

Renovation Costs at $10K Per Unit
Monthly Proforma Income at $35,000
ARV Value $2,500,000
POSSIBLE SELLER CARRY AT RIGHT TERMS

Asking Price$1,000,000.00
Date UpdatedApril 28, 2025