Listed by Russell Real Estate Services
$470,000
6 Unit Cleveland Apartment Building
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 4,702
Units 6
Price per SqFt $100
Year Built 1930
Buildings 1
Acreage 0.130
Multifamily | 6 Units | $78,333/unit
Marketing description
Rare all brick updated west side of Cleveland 6 unit multi family property for sale in a quiet residential neighborhood close to highway access, transportation and just minutes from downtown. 5 out of the 6 units are currently occupied and bringing in a monthly gross rent amount of $4,060. Fully occupied the projected monthly gross rent could be $4910 with opportunity to increase rents when lease terms are up to well over $5,000/month and over 8% cap rate. Call today for a list of financials and further details.
Investment highlights
No seller finance. Property is lead safe certified.
Listing Contacts
Listed by Russell Real Estate Services
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