$250,000
( )
 $1,663 est/mo Sourced by Back At You

562 E 140th Street , Cleveland, OH 44110

Cleveland, OH 44110

Share with a friend

Description

Located in a highly accessible area of Cleveland, just off Waterloo Rd and E 152nd St, this multifamily property presents an exceptional value-add investment opportunity. Conveniently positioned right off I-90, this 6-unit building with 2 one-bedroom units and 4 two-bedroom units makes it an attractive option for investors seeking to enhance rental income and property value. Currently, 4 of the 6 units are renovated and generating steady income, while the remaining 2 units require a full renovation, offering significant upside potential. In addition to the potential rental income from the rehabed units, there is a further opportunity to increase revenue by installing laundry facilities in the basement. Recent upgrades of the stabilized units include: Fresh paint, new carpet throughout, tubs reglazed, updated plumbing, all new electrical panels, each unit CMHA approved and inspected (3 tenants are CMHA). Listing agent has an ower interest in property

Details

MLS#5068280
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusPending
Year1920
Days On Site55
Listing Provided ByEXP Realty, LLC. | Lovie Hogan

Features

ZoningCommercial
Acreage0.11

Market Activity 44110

The information is being provided by MLS Now Independence OH. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 MLS Now Independence OH. All Rights Reserved.

Request a showing

Request a showing

Loading Form
Listings Checked: 2 minutes ago
StateOH
CountyCuyahoga
CityCleveland
Zip Code44110
Community NameHenry C Wick
Listing VS Median (in Henry C Wick)
Price:
$250,000
low | high
Med:
$0
On Site:
55
low | high
Med:
Sourced by Back At You
Listing Updated: October 15, 2024 at 10:43:19 AM PDT