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31687833
31687834

1351 East Blvd, Cleveland, OH 44106 For Sale

CY
OH SAL.2016000980
Hanna Commercial Real Estate Cleveland
JS
SAL.2024004210
Hanna Commercial Real Estate Cleveland
Listed by Hanna Commercial Real Estate Cleveland
$625,000
119 days on market
Updated 13 days ago
Opportunity zone

1351 East Blvd, Cleveland, OH 44106

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 16,464
Units 6
NOI $59,904
Buildings 1
Stories 3
Acreage 0.270

6-Unit Apartment Building in Cleveland, OH

Investment highlights

    • Six spacious 3 bedroom, 2 bath fully renovated units
    • Strong investment opportunity in the highly desirable University Circle area
    • Prime location near Cleveland Clinic, CWRU and major institutions
    • On-site private parking lot available for tenants
    • Newer boiler system, tenants reimburse heating gas expenses
    • Potential rental upside with below market rents
    • Offered Price at $625,000

    Listing Contacts

    CY
    OH SAL.2016000980
    Hanna Commercial Real Estate Cleveland
    JS
    SAL.2024004210
    Hanna Commercial Real Estate Cleveland
    Listed by Hanna Commercial Real Estate Cleveland

    Valuation Calculator

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    $
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    %
    Loan Amount
    $0.00
    Annual Debt Service
    $--
    $--
    Annual Cash Flow
    $59,904.00
    $4,992.00/mo

    Valuation Metrics

    0
    DSCR
    9.58%
    Cap Rate
    9.58%
    ROI

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