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$419,900
Est. payment /mo
5,601 Sqft Lot
UPDATED:
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Palmer
MLS Listing ID 5112162
HOA Y/N No
Year Built 1930
Annual Tax Amount $4,774
Tax Year 2024
Lot Size 5,601 Sqft
Acres 0.1286
Property Sub-Type Apartment
Property Description
Prime 6-Unit Investment Property – Partially Occupied, Newly Updated!
This well-maintained 6-unit apartment building presents an excellent investment opportunity with 50% tenant occupancy and strong cash flow potential when fully leased. Recent updates include fresh paint and brand-new LVP flooring in some of the vacant units, making them move-in ready for new tenants.
The property features a mix of unit layouts designed to attract a variety of renters, with steady rental income from existing long-term tenants. When fully occupied, this building delivers solid cash flow and a strong return on investment.
Whether you're an investor looking to maximize rental income or an owner seeking a partially occupied property with room to increase value, this apartment complex is a fantastic opportunity. Don't miss out—schedule your viewing today!
This well-maintained 6-unit apartment building presents an excellent investment opportunity with 50% tenant occupancy and strong cash flow potential when fully leased. Recent updates include fresh paint and brand-new LVP flooring in some of the vacant units, making them move-in ready for new tenants.
The property features a mix of unit layouts designed to attract a variety of renters, with steady rental income from existing long-term tenants. When fully occupied, this building delivers solid cash flow and a strong return on investment.
Whether you're an investor looking to maximize rental income or an owner seeking a partially occupied property with room to increase value, this apartment complex is a fantastic opportunity. Don't miss out—schedule your viewing today!
Location
State OH
County Cuyahoga
Interior
Heating Forced Air
Fireplace No
Exterior
Water Access Desc Public
Present Use Multi-Family
Building
Sewer Public Sewer
Water Public
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 130-17-129
Special Listing Condition Standard
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Listed by Joseph Clark • VSD Realty, LLC. • 216-406-1772 victor@vsdrealty.com