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$399,900
Est. payment /mo
4,782 Sqft Lot
UPDATED:
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Hoyt
MLS Listing ID 5239737
HOA Y/N No
Year Built 1920
Annual Tax Amount $2,599
Tax Year 2025
Lot Size 4,782 Sqft
Acres 0.1098
Property Sub-Type Apartment
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.
Location
State OH
County Cuyahoga
Rooms
Basement None
Interior
Heating Forced Air
Fireplace No
Exterior
Parking Features Parking Lot
Water Access Desc Public
Present Use Multi-Family,Vacant
Building
Story 3
Sewer Public Sewer
Water Public
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 105-14-047
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Special Listing Condition Standard
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Listed by Cain D'Amico • Lokal Real Estate, LLC. • cain.damico05@gmail.com, 234-802-2549
Nearby Locations
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Zachary Underwood
Broker License ID: BRKP.2014000258
Broker License ID: BRKP.2014000258