3507 Bosworth Road, Cleveland, OH 44111

$1,575,000
20,460
SqFt

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Sold Price
$1,575,000
List Price
$1,675,000
Status
CLOSED
Days on Market
99
Closing Date
Aug 25, 2023
MLS#
4455624
Subtype
Commercial Sale
Year Built
1920
Living Area
20,460
Acres
0.60
Subdivision
Lorain Hlnds Resub
Neighborhood
Lorain Hlnds Resub

Property Description

26 Units w/ 1,2 and 3 bedroom units - ALL BRICK Exterior w-Private Parking - PLUS 2 Additional Parcels and Onsite Coin-op Laundry Room! This turn-key property ready for the 1st time investor or simply adding a solid asset to your portfolio. Well-maintained 26-unit brick multi-family sits on THREE parcels and Offers tenants Private & Secure Parking lot at rear. Sitting just South of Cleveland's highly desired City of Lakewood Community and only minutes to Cleveland’s Downtown Theater & Business District. This development is a book end to Cleveland's Two Major Opportunity Zone Corridors that have attracted national investment and attention (Detroit Shoreway and Ohio City). Tenant retention high due to proximity to downtown and pedestrian access to Bus/RTA's PArk N-Ride Transit and Highway access for a quick bus or drive to downtown area. Additionally, this property sits in a quiet neighborhood close to 3 Public Schools, 2 public parks which provide constant police monitoring for t

Additional Information

Taxes
$22,787
Heating
Gas, Hot Water, Radiator(s), Radiant, Steam
Air Conditioning
None, Window Unit(s)
Roof
Asphalt, Fiberglass, Flat
Parking Features
On Site, Outside, Paved, Secured
School District
Cleveland Municipal - 1809

Listing Courtesy of: James P Matheos, jmatheos@kw.com With Keller Williams Citywide

Selling Office: Keller Williams Grt Cleve NE.

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