Cleveland, OH 44113,1204 Auburn AVE
Cleveland, OH 44113,1204 Auburn AVE
Cleveland, OH 44113,1204 Auburn AVE
$510,000
Est. payment /mo
$550,000
7.3%
Est.Price: ?

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3,924 SqFt
SOLD DATE : 12/29/2023

Key Details

Sold Price $510,000

Property Type Condo

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

Square Footage 3,924 sqft

Price per Sqft $129

Subdivision John G Jennings University Heights

MLS Listing ID 4505610

Sold Date 12/29/23

HOA Y/N No

Abv Grd Liv Area 3,924

Year Built 1890

Annual Tax Amount $6,876

Lot Size 4,530 Sqft

Acres 0.104

Property Description

5 unit apartment building in the heart of TREMONT!! Calling investors for a wonderful opportunity to own this piece of property. Two buildings (1204 & 1206 Auburn). There is a common basement under 1204 and two seperate partial basements for the two units of 1206. All very dry. Back unit has all new appliances and has been gutted, painted, new carpet & new flooring down to replacing the drywall (vacant unit). Was used as a short term rental producing almost 3k a month. All newer water tanks and a new furnace. All other units are occupied. Some rents are currently under market value. Monthly projected income of $4,744 and NOI of over 42k a year if you took over today and did no updates. Act fast this won't last- Rare opportunity minutes from Downtown Cleveland, around the corner from parks, schools, pubs, eateries and entertainment. Not far from the Cleveland clinic and other hospitals with easy highway access. Cash flowing with rental income destined to grow!! -LEAD CERTIFIED-

Location

State OH

County Cuyahoga

Rooms

Basement Common Basement, Full, Partial

Interior

Heating Forced Air, Gas

Cooling Window Unit(s)

Fireplace No

Exterior

Fence Full

Water Access Desc Public

Roof Type Asphalt,Fiberglass

Building

Sewer Public Sewer

Water Public

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 004-21-096

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Other

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Listed by Mathew P Chase • Keller Williams Greater Metropolitan • (216) 839-5500 klrw297@kw.com
Bought with Mathew P Chase • Keller Williams Greater Metropolitan

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Vito Dipierro

+1(216) 906-2819

CEO | License ID: 2002013310

CEO License ID: 2002013310

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