Introducing an incredible investment opportunity—12 fully occupied units spread across two adjacent 6-unit properties just south of Shaker Square offered at an attractive $55,000 per unit! These properties offer individual furnaces and hot water tanks for each unit, allowing tenants to cover their own electric and gas, while the owner only covers water and sewer. With some mechanical replacements and minor cosmetic updates already completed, a new owner can step in and take advantage of further cosmetic upgrades to boost rents significantly. With the option to transition to Section 8 housing, even higher returns can be achieved. Currently offering over an 8% in-place cap rate, this opportunity comes with upside potential, making it a fantastic addition to any real estate portfolio. Plus, in-suite laundry adds convenience for tenants, making these units even more desirable!
ATTENTION Investors or those wanting to break into Real Estate Investment with a BANG! For Sale: 12-Unit Cash Flowing, Brick Apartment Building! Don’t miss this incredible opportunity to own a well-maintained 13-unit apartment building with close to 70% occupancy! This solid brick property has most of units recently renovated, which has allowed for higher rental rates and increased cash flow. The mix of updated units and long-term tenants offers both stability and growth potential for you as the new owner. Rent roll and expense reports will be provided with an accepted offer, making it easy to see your potential returns. Seize this chance to invest in a property that's already producing income, with plenty of room to add value and maximize profitability. Contact us today for more details!
Unique investment opportunity with this 11,300 SF property includes 1500 SF of retail store front with attached 3-story residential dwelling adjacent to large warehouse. All structures in need of renovation. Owner has made significant improvements that include new roof on the residential dwelling, new 2" waterline service for the entire complex, tuck pointing/reinforcement of masonry chimneys, removal of debris/refuse from buildings, and installation of new concrete along E. 55th Street. Improvements to date in excess of $150,000 is cost. Future possible plans include store front retail use, multi-family apartments, and warehousing. New developments and renovations are currently occurring in the Midtown neighbor. Adjacent to historical church on corner of Central and E. 55th that could be re-purposed for residential use.
THIS IRISH PUB HAS BEEN A MAIN STAMPLE TO THE NEIGHBORHOOD, HOWEVER UNFORTUNATELY THE PROPERTY EXPERIENCED A FIRE. OWNER IS SELLING AT HALF THE VALUE AS IS. CALL ME TODAY TO DISCUSS AND OFFER AND SOME FINANCING OPTIONS.
Wow! That is what you'll say when you see this amazing two-unit property on one of the most desirable streets in Ohio City. A unique opportunity in the thriving Hingetown area for residential or commercial use (office or retail) Property is zoned for Local Retail Business LR-B1. Over 2700 sq ft of space with 3 beds and 2.5 baths on each side, this spectacular property has been extensively updated and is absolutely move-in ready. New windows, air conditioning, granite counters and updated baths are wonderful modern updates on both sides, while the exposed brick, hardwood floors and unique architecture speak to its storied past. The front unit is currently being used as office space, but can easily be converted back to residential space to take advantage of the three huge second floor bedrooms and two full baths, along with ample first floor living space including a kitchen and half bath. The back unit features a huge first floor living area, updated kitchen with SS appliances, large living area and a huge first floor primary suite with en suite. A half bath and laundry area round out the first floor. Upstairs you'll find two large bedrooms, a full bath and huge 2nd floor loft. Plenty of room for entertaining on the private stamped concrete patio. Both units currently occupied by owner (one as residence, one as office). Local rents suggest $3K-4K per month per side. Located just minutes from the best Ohio City shopping, dining, the West Side Market, Gordon Square, Edgewater Park and the lake, this is one of the best locations in the city!
Five unit, fully occupied residential building in the heart of the Edgewater neighborhood in Cleveland. Featuring four one-bedroom, one bath units and one two-bedroom,one bath unit. Currently generating $4,475 per month, with opportunity for immediate rent increases. Spacious units featuring many recent upgrades. Laundry on-site. Lead safe certified.
Fantastic Business Opportunity! Rarely available, turn-key business with everything you need, including liquor license and food license. Thriving Adult Entertainment business to add to your portfolio. 70x30 Large main bar/lounge area when you walk in the front door with 24x15 kitchen and 2 restrooms. 51x33 2nd bar/lounge and stage area with ample seating, 2 more bathrooms, 3 dressing rooms, 22x12 room with hot tub and 12x7 hookah area, 2nd floor has 25x14 private office with 10x5 full bathroom, 33x10 storage area and 46x11 sitting area with small stage. Attached to the bar is a 52x35 warehouse with overhead door that has an 18x8 storage room plus another 50x23 storage area with 2 overhead doors. All furniture, kitchen equipment and bar equipment included in the sale!
Investor Special - Bring this building back to its full potential! Six units total, each unit approx. 1200 sq foot. POS not yet ordered - Buyer to assume all violations, etc. Sold as is
Become a REAL ESTATE INVESTOR overnight! This 8 Unit Warner Road Mixed Use / Apartments located in Cleveland’s Broadway-Slavic Village Neighborhood is a must see. Located near Interstates 71 and 480, blocks away from the Cleveland Metroparks Mill Creek Falls (48ft tall waterfall) in the Garfield Reservation, a short 10 minute commute to Downtown, all major hospitals, RTA Public transportation is also readily available. The building consists of 6- One Bedroom, One Bathroom Suites (approx. 550 sq/ft) and 2- Commercial / Retail Suites (approx. 500 sq/ft)each have appliances, furnace, hot water tank. The two story, all brick with vinyl siding commercial facade, is approx. 4,840 sq/ft. built in 1920 and located on .16 Acres. Recently Fully Renovated with new Furnaces and HVAC; New Kitchens and Cabinets; Bathrooms; Flooring throughout; Windows; & Doors; Roof Patched and Repaired; New Hot Water Tank and all walls painted throughout;. Utilities Sub metered (Individual Gas Furnace and new Hot Water Tank Heat for each unit) and Electric (Lights and Plugs). Currently 62.25% Occupied (5/8). Lead Safe Program complaint. Outstanding Turn-Key Investment with no deferred maintenance and needing very little management. A rear surface parking lot provides approx. 6 parking spaces. Run the numbers this is a GREAT DEAL!!! Schedule your Private SHOWING NOW!!
Become a REAL ESTATE INVESTOR overnight! This 8 Unit West 105th Street Mixed Use / Apartments in Cleveland’s West Boulevard Neighborhood is a must see! A lot of the heavy lifting has already been done. The building consists of 2- Two Bedroom, One Bathroom Suites (approx. 700 sq/ft), 4- One Bedroom, One Bathroom Suites (approx. 550 sq/ft), 1 Studio and 1 approx. 600 Sq/ft. all mechanicals are located within each unit. Commercial / Retail Suite, two story, all brick, approx. 4,353 sq/ft. Mixed Use / apartment property built in 1920 and located on .11 Acres. Fully Renovated with new Furnaces and HVAC; New Kitchens and Cabinets; Bathrooms; Flooring throughout; Windows; & Doors; Roof Patched and Repaired; New Hot Water Tank and all walls painted throughout; electrical & gas are sub metered. Currently vacant and renovations 90%+ completed. Will be delivered ready for immediate occupancy with City of Cleveland occupancy permit issued and Lead Safe Program compliant. A rear surface parking lot provides approx. 6 parking spaces. Run the numbers this is a GREAT DEAL! Schedule your PRIVATE SHOWING NOW!
This six-unit apartment building features spacious two-bedroom, one-bathroom layouts in each unit, offering great potential for customization and renovation. While the property requires renovation, it presents a fantastic investment opportunity for those looking to restore and upgrade. With significant room for improvement, this building is ideal for buyers or developers ready to take on a project and transform it into desirable living spaces. The units have potential for modern updates, and once fully renovated, the property could generate a strong return on investment. Sorry, No wholesalers.
100% occupied mixed use building with a retail lease through October 2028, residential leases through September 2025 and a gross income of $36,600! Property consists of a storefront with two retail bays occupied by the same tenant, a small first floor two bedroom apartment down and a large two bedroom apartment up. The residential apartments have both been updated and have baseboard heating. There is a basement under the storefront with an updated full bath, storage and utilities. The building sits on a nice size lot offering outdoor space to tenants and the possibility of parking off the rear alley. This part of Clark Avenue has an active retail presence and seeing a major investment with a new Clark Elementary school just 2 blocks away. Easy access to downtown and University Circle via I-90, minutes to Ohio City, Tremont and Steelyard Commons by car or bike. Public transportation right outside the front door!
Discover this fantastic opportunity in a rapidly growing and improving area along Historic Lorain Ave! This 2,000 sq ft mixed-use commercial building offers the perfect blend of retail / office space, ideal for a variety of businesses. First floor features a spacious, open retail area with great street frontage, perfect for drawing in foot traffic and providing excellent visibility for your business. The second / third floor offers flexible office space that can be tailored to fit your business needs, offering a quiet and professional atmosphere for work or meetings or employee spaces. The full basement could provide endless potential, high ceilings and plenty of natural light, making it an ideal space for storage or even additional workspace or light manufacturing. Located in an area that’s continually on the rise, this property is surrounded by a vibrant mix of local businesses and offers easy access to major routes and public transportation. New Roof, New Windows, New siding, Electrical panel and service, interior framing. Seize this opportunity to establish or expand your business in one of Cleveland’s most promising areas!
Large retail Restaurant with large interior space for seating for dinning or entertainment, two bathrooms, kitchen area, private office and full basement for storage. Property offers fenced in seating area along with it's on parking area.
Seize this rare chance to acquire a meticulously maintained 22-unit building in one of Cleveland's most sought-after locations, just minutes from University Circle, Case Western and Cleveland State University. With 19 fully renovated 1-bedroom, 1-bath units (average 650 sq. ft.), this property is poised for immediate cash flow. The current average rent is $721.35 per month, but with local rental demand, pro forma rents could command $995 or more a unit. With around 24 parking spaces on the property and over night street parking available tenants and guest will have ample space to park. Investors will appreciate the impressive pro forma cap rate of 9.25%, factoring in conservative estimates for CapEx (3%), general maintenance (3%), and vacancy (9%). The projected NOI is $166,432, offering substantial upside from the current NOI of $97,746.6. This building is turn-key, offering an attractive opportunity for both seasoned investors and those looking to expand their portfolio. Additionally, the option to purchase the LLC owning the property streamlines the acquisition process.
Mixed-use investment opportunity located in the West Boulevard neighborhood of Cleveland. This 6,046 SF building features two (2) separately demised storefront retail spaces directly on Lorain Ave and four (4) residential units above the storefront retail. The residential unit mix consists of two (2) one-bed/one-bath units and two (2) efficiency units. Three of the four residential units are currently occupied presenting investors with immediate rental income as well as a value-add opportunity to lease out the vacancy and increase existing rents. The property offers off street parking.
Are you looking to substantially build your rental portfolio? In need of a full rehab, these 4 buildings sit on 2 parcels being sold as a package. There is a total of 12 units, between 2 four-plexes and 2 duplexes. This makes for a great investment opportunity! One four-plex offers units with 2 bedrooms and 1 full bathroom each. The second four-plex has units with 1 bed and 1 bath each. Both duplexes have units with 2 bedrooms and 1 bathroom per unit! The property is just minutes from downtown and has easy highway access. It's close to multiple lake front parks, near food, shopping and public transit! Don't miss out on this solid chance to build your portfolio with a value-add opportunity! Schedule a showing to see it for yourself!
Commercial office space in the South Euclid Commercial District. Zoning use General Retail. Currently being occupied by a single tenant, since 2021. Two floors of finished office space with finished basement. Perfect for owner user. Ability to sublease individual rooms/offices, as did previous owner user. 8 off street parking spaces in the back. 1st floor has 2 separated offices. 2nd floor has a 4 separate offices with 6 rooms. Lower level has one large conference room/office. 5 total half bathrooms, 1 in lower level, 2 on the first floors and 2 on the second floor. Seperately metered electrical, lower, 1st, and 2nd. One gas meter for whole building. Flat roof. Building Sold AS IS. Currently Tenant occupied. Call for your private tour.
Seller encourages offers! Wonderful investment opportunity. Great west side location for auto mechanic shop (its usage since 1981), coffee shop, or any retail establishment. Excellent high traffic area in Tremont with on-site parking. 6900 sq. ft. parcel with 1182 sq. ft. retail. Exciting opportunity!
--- **Prime Investment Opportunity in Cleveland: Fully Renovated 5-Unit Apartment Building with 3 Commercial Spaces!** Located at **8403 Detroit Ave, Cleveland**, this completely remodeled building offers a unique investment opportunity for those with a vision for Cleveland's growing future. Just minutes away from the highway and the stunning Edgewater Park, this property has everything a savvy investor could ask for! - **5 Modern Apartments:** Each apartment has been fully updated with **new drywall, flooring,Kitchen, bathrooms, electrical wiring**, and **water tanks**—ready for tenants or short-term rentals. - **3 Spacious Commercial Units:** Each commercial space comes with a **private bathroom** and **basement** storage, providing plenty of room for inventory or other needs. This property has been thoughtfully renovated and is perfect for investors looking to capitalize on Cleveland’s upward trajectory. Don’t miss this incredible opportunity to own a piece of a thriving market! **Contact us today to schedule your private tour!**
Fully occupied 12plex close to Wade Park and downtown Cleveland amenities. Both buildings have Lead-Safe Cetification. All of the units have been updated within the last 2 years including new vinyl windows. Gross monthly rents are $7,775. Do not disturb the tenants. Rent rolls and leases are available once an offer is accepted. Units have been professionally managed since 12/2022.
location location location!!! come check out this beautiful building located on brookpark rd in parma this building has two suits the first one has 4000 sftq and 2000 sqft for the other suite. uilding has brand new HVAC system and brand new roof all installed 2024.
GREAT INVESTMENT PROPERTY WITH MANY UPDATES AND FULLY OCCUPIED! TWO PROPERTIES ON ONE LOT! The front building consist of 4 units, each has 1 bedroom and 1 full bathroom. The rear property consist of 2 bedrooms each and 1 full bathroom. Both structures have new roofs, all new windows, freshly painted exterior, new asphalt driveway, new porches on rear and many mechanical updates. Also, included in this sale is Parcel #126-02-125.
Welcome to your next business venture in this versatile commercial building with multiple opportunities! This spacious property offers endless possibilities for dorms, office space, or apartment . Private suites , a common space with large kitchen and lounge area, 16 private parking spaces in fenced in lot. Secure building with cameras and key fobs . Prime location downtown on CSU campus , your business is sure to thrive in this dynamic space. Take advantage of the flexibility and potential of this commercial building to make your entrepreneurial dreams a reality .
Well Maintained!! This 4258 sq ft, 3 unit retail storefront building is fully occupied. This building features newer TPO commercial roofing still under warranty, newer HVAC, recently painted exterior, and recently repaved parking lot. 2 units have long term, existing salons and the 3rd unit is currently under renovation soon to be a 3rd salon. Tenants pay all utilities and are separate. Come see today!!
Cleveland is located in Ohio. Cleveland, Ohio has a population of 388,812. Cleveland is less family-centric than the surrounding county with 15.93% of the households containing married families with children. The county average for households married with children is 24.44%.
The median household income in Cleveland, Ohio is $27,854. The median household income for the surrounding county is $46,720 compared to the national median of $57,652. The median age of people living in Cleveland is 35.8 years.
The average high temperature in July is 82.2 degrees, with an average low temperature in January of 23.2 degrees. The average rainfall is approximately 39.6 inches per year, with 66.3 inches of snow per year.
