1832 Willowhurst Road, Cleveland, OH 44112

$110,000

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Sold Price
$110,000
List Price
$99,900
Status
CLOSED
Days on Market
20
Closing Date
Jan 29, 2025
MLS#
5093275
Subtype
Commercial Sale
Year Built
1927
Acres
0.17
Subdivision
Willowhurst Allotment
Neighborhood
Willowhurst Allotment
MLS Area Major
Cleveland

Property Description

Rare 17-Unit Brick Building – Incredible Value-Add Opportunity! Savvy investors, don’t miss this rare chance to acquire a large brick 17-unit property at a deeply discounted price! Completely vacant and ready for a full renovation, this building boasts replacement windows, individual furnaces in good condition, and common area water heaters intact. While the front façade brickwork and roof require approximately $50,000 in repairs, the building’s solid bones and potential for high income post-renovation make it an ideal BRRRR or flip project. The property consists of all good sized one bedroom apartments. With incredible cash flow potential once restored and occupied, this is your opportunity to bring a classic building back to life and realize outstanding returns!

Additional Information

Taxes
$7,955
Heating
Forced Air
School District
Cleveland Municipal - 1809

Listing Courtesy of: Tal Tamir, tal@premierclevelandinvesting.com With Russell Real Estate Services

Selling Office: Non-Member.

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