Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1920
Sq.Footage
N/A
A rare opportunity to acquire a fully occupied, stabilized 6-unit townhome apartment building on Cleveland's West Side, offering investors both immediate cash flow and clear upside. All six units are spacious 3-bedroom, 2 level layouts with exposed brick features throughout. Currently renting between $1,300ā$1,350/month, for total scheduled rent of $8,000/month ($96,000 annualized). Utilities are efficiently structured, with tenants responsible for separately metered electric and gas, while ownership covers water, sewer, and trash. Each unit features forced-air heating and in-unit laundry, and the majority are equipped with central air. Offered at $749,900, this asset combines 100% occupancy, long-term tenancy, and dependable in-place income with identifiable rent-growth potential ā all in a location that's walkable to Tremont and offers an easy commute to MetroHealth. Agent Owned. Lead safe certified.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Central Air, Window Unit(s)
-
Heating YN
YES
-
Heating
Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
Gravel
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.306
-
Property Type
Commercial Sale
-
Property Sub Type
Apartment
Price
-
Sales Price
$749,000
-
Tax Amount
$21,625
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
Cleveland Municipal - 1809
-
Middle School
Cleveland Municipal - 1809
-
High School
Cleveland Municipal - 1809
Property Features
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Cuyahoga
Elementary School
Cleveland Municipal - 1809
Middle School
Cleveland Municipal - 1809
High School
Cleveland Municipal - 1809
Listing Courtesy of Matthew S Scheel, M. C. Real Estate
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Agent / RealtorĀ®
Carla Ponikvar
Call Carla today to schedule a private showing.
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