1106 E 64th Street, Cleveland, OH 44103
- $65,000
- 7
- BD
- 7
- BA
- 3,738
- SqFt
- Sold Price
- $65,000
- List Price
- $65,000
- Status
- CLOSED
- Days on Market
- 136
- Closing Date
- Nov 19, 2024
- MLS#
- 5051960
- Subtype
- Residential Income
- Year Built
- 1910
- Bedrooms
- 7
- Bathrooms
- 7
- Full Baths
- 7
- Living Area
- 3,738
- Acres
- 0.11
- Subdivision
- Abby & L F Kilfoyle
- Neighborhood
- Abby & L F Kilfoyle
- MLS Area Major
- Cleveland
Property Description
Unlock the potential of this fantastic investment opportunity with this 5-unit apartment building. This property is perfect for investors seeking a project with significant upside potential through a complete interior rehab. The building features three spacious 3-bedroom units and two 1-bedroom units, with projected monthly rental income ranging from $1,000 to $1,600 per unit. With an estimated total rental income between $5,000 and $8,000 monthly after renovations, this property promises excellent returns on investment. The diverse unit mix allows for targeting a broad range of tenants, ensuring steady occupancy and income. Located in a prime area with convenient access to public transportation, schools, shopping centers, and dining options, this building is poised for value appreciation. This opportunity is ideal for investors looking to add significant value through strategic renovations and capitalize on the growing rental demand in.
Additional Information
- Taxes
- $846
- Heating
- Forced Air
- Air Conditioning
- Ceiling Fan(s)
- Levels
- Three Or More
- Roof
- Composition
- Parking Features
- Driveway
- School District
- Cleveland Municipal - 1809
Listing Courtesy of: Alexys Jones, alexysjones@kw.com With Keller Williams Greater Metropolitan
Selling Office: Keller Williams Greater Metropolitan.Mortgage Calculator
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