3900 W 23 rd Street, Cleveland, OH 44109

$85,000

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Sold Price
$85,000
List Price
$94,500
Status
CLOSED
Days on Market
82
Closing Date
Oct 18, 2024
MLS#
5057601
Subtype
Commercial Sale
Year Built
1930
Acres
0.47
Subdivision
Brooklyn
Neighborhood
Brooklyn
MLS Area Major
Cleveland

Property Description

Unlock Massive Potential: 5-Unit Cleveland Apartment Building This is a rare opportunity to own a prime 5-unit apartment building in the heart of Cleveland. With a complete rehab, this property can be transformed into a high-yielding investment. Located in a rapidly developing area, this building benefits from proximity to major employers, including the steel mills, MetroHealth Hospital, and downtown Cleveland. Enjoy easy access to highways, public transportation, and the Cleveland MetroParks Zoo. Key Investment Highlights: High Demand: Two-bedroom units in the area command rents of $800-$1000 or more. Development Potential: Two parcels offer the possibility of adding valuable on-site parking. Prime Location: Situated near essential amenities, including shopping, healthcare, and recreation. Disclaimer: This property requires a substantial renovation. Serious investors only. Bring your contractor and vision to unlock this property's full potential. Find the video with aerials online, or ask your agent for a link. Schedule a showing today! Bring your contractor, this one needs everything!

Additional Information

Taxes
$792
Zoning
Commercial
Heating
Forced Air
Air Conditioning
None
Roof
Flat
Foundation
Basement
Parking Features
Other
School District
Cleveland Municipal - 1809

Listing Courtesy of: Alaina Pontikos, pontikosalaina@gmail.com With Century 21 Homestar

Selling Office: Century 21 Homestar.

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