976 E 70th ST Active

Cleveland,OH 44103

$ 550000

- Bed

0 Bath

0 SqFt


Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision Hoyt

MLS Listing ID 5077534

HOA Y/N No

Year Built 1920

Annual Tax Amount $2,146

Tax Year 2023

Lot Size 4,782 Sqft

Acres 0.1098

Property Description

Solid 8-Unit Brick Apartment Building – Income Opportunity.

This well-maintained 7000 sqft 8-unit brick apartment building offers 7 two-bedroom, one-bath units and 1 one-bedroom, one-bath unit.

Currently, six units are rented, averaging $900/month per unit, providing immediate cash flow. The one-bedroom unit is under renovation and will be completed before closing, offering the potential for increased income.

This property is projected to gross $7,500 monthly when fully leased and stabilized.

Location

State OH

County Cuyahoga

Interior

Heating Forced Air

Fireplace No

Exterior

Water Access Desc Public

Building

Sewer Public Sewer

Water Public

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 105-14-047

Special Listing Condition Standard

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