MLS#5239737
STATUSActive
PROPERTY TYPECommercial - Business
SUBDIVISIONHoyt
SCHOOLCleveland Municipal - 1809
Property Description
Excellent As-Is investment opportunity! This well-maintained and updated 8-unit brick building offers a rare value-add play in the St. Clair-Superior neighborhood. The property is currently fully vacant, giving an investor a clean slate to renovate, reposition, and lease all units at full market rents. Recent updates in some of the units include fresh flooring and upgraded heating systems, providing a strong head start on the interior work. Based on comparable rents in the area, this property has the potential to gross over $7,000/month once fully leased. Conveniently located near shops, restaurants, and public transportation highly desirable for renters.
Property Features
Property Type: Commercial - Business
Basement: None
Heating: Forced Air
Lot Size: 0.11 Acres
Stories: 4.0
Taxes: $2,599 / year
Year Built: 1920
Feature Descriptions
Days on Site: 1
Parcel#: 105-14-047
Parking: Parking Lot
Sewer: Public Sewer
Units: 8
Water: Public
Local Schools
School District: Cleveland Municipal - 1809
Listed By / Shown By
Listed By
Agency Name: Lokal Real Estate, LLC.
Agency Contact: cain.damico05@gmail.com, 234-802-2549
Shown By
Agent Name: Jory Oakleaf
Agent Phone: (330) 407-7322 Cell
Agency Title: DeHOFF REALTORS
976 E 70th Street | MLS# 5239737
This commercial property located at 976 E 70th Street, Cleveland, OH 44103 is currently listed for sale with an asking price of $399,900. E 70th Street is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on joakleaf.dehoff.com today.