6 bedroom house for sale

Cleveland OH 44106

Overview

This three unit apartment building with ground level retail can generate $5, 940 in monthly rent with no additional investment. This includes $500 per month for renting the 10 parking spaces behind the building. The development opportunity can more than double the rental income by building a two, three or four unit structure on the back portion of the.224 acre lot. Located in the heart of Little Italy, this property has been family-owned since 1975 and meticulously maintained. Each existing apartment unit has been updated and has two bedrooms and a full bathroom. The ground level updated retail space with 1/2 bath has been a successful beauty salon for many years. Key upgrades include: first floor back unit renovated in 2022; Deck added off upstairs back unit in 2022; New Furnace in upstairs front unit in 2022; Deck off first floor back unit in 2015; New roof in 2014; Driveway and waterproofing in 2014; Replacement windows in 2013; Hot water tanks for all three units in 2016.

Details

  • Beds: 6
  • Baths: 3.5
  • Price: $800,000
  • Reference No.: 68836025
  • Area: 3,898 sqft

Location

Cleveland OH 44106

6 bedroom house for sale

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2024-02-29, Viewed 0 times.