3219 Detroit Ave, Cleveland, OH 44113 For Sale

EDGE32 is a 60-unit, 6-story Class A luxury multifamily and retail property located in the highly desirable Hingetown neighborhood of Ohio City in Cleveland, Ohio. The property was constructed in 2017, and features 42 one (1) bed/one (1) bath units and 18 two (2) bed/two (2) bath units. Additionally, there are two (2) occupied first floor retail units with long term leases along highly-trafficked Detroit Avenue, generating significant additional income for the property. Residents of EDGE32 enjoy an on-site private fitness center, a multi-use community room, and covered and surface parking options. Each unit features gorgeous quartz countertops, high-end stainless steel appliances, LVT flooring, and generously sized bedrooms. All units have a balcony and oversized glass windows, with the majority of the units featuring panoramic views of Downtown Cleveland and Lake Erie.

Investors will enjoy the 8 remaining years of 100% tax abatement, the opportunity to raise rental rates on units and parking, and Cleveland's most desirable neighborhood. Edge32 is complete with top end retailers all within walking distance, direct Lake Erie access, walkability to downtown Cleveland, and high-end finishes throughout each unit that are top quality.