Business Overview

One-of-a-kind 12-Unit Mid-Market Multifamily Building! What all investors and buyers are looking for. Up and coming location with over ten units; solid brick construction; *fully-tenanted* with market-rate rents and ability to move up; minutes from major highways and downtown Cleveland with direct access to public transportation. Very good location and Walkscore® around the corner from stores, markets, parks, and across the street from a school and restaurant nestled in a charming neighborhood. All twelve units have been updated with brand new individual furnaces and ductwork—including a new furnace for the common area in the basement. Each one-bedroom unit is large and spacious with turn-of-the-century moldings & woodwork, light fixtures, and original tile in one of three foyers. All three hallway floors have been restored and updated with reframed windows all the way around. Additional storage downstairs and in rear two-car covered garage. This will go quickly—schedule your appointment today!

Financial

Seller Financing Available

  • Asking Price: $914,900
  • Cash Flow: N/A
  • Gross Revenue: N/A
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: No
  • Established: 1928

Detailed Information

  • Property Owned or Leased:Own
  • Property Included:Yes
  • Building Square Footage:13,612
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A