3900 W 23 rd ST Pending

Cleveland,OH 44109

$ 94500

- Bed

0 Bath

0 SqFt


Key Details

Property Type Condo

Sub Type Apartment

Listing Status Pending

Purchase Type For Sale

Subdivision Brooklyn

MLS Listing ID 5057601

Year Built 1930

Annual Tax Amount $792

Tax Year 2023

Lot Size 0.472 Acres

Property Description

Unlock Massive Potential: 5-Unit Cleveland Apartment Building

This is a rare opportunity to own a prime 5-unit apartment building in the heart of Cleveland. With a complete rehab, this property can be transformed into a high-yielding investment.

Located in a rapidly developing area, this building benefits from proximity to major employers, including the steel mills, MetroHealth Hospital, and downtown Cleveland. Enjoy easy access to highways, public transportation, and the Cleveland MetroParks Zoo.

Key Investment Highlights:

High Demand: Two-bedroom units in the area command rents of $800-$1000 or more.
Development Potential: Two parcels offer the possibility of adding valuable on-site parking.
Prime Location: Situated near essential amenities, including shopping, healthcare, and recreation.
Disclaimer: This property requires a substantial renovation. Serious investors only. Bring your contractor and vision to unlock this property's full potential.

Find the video with aerials online, or ask your agent for a link.

Schedule a showing today! Bring your contractor, this one needs everything!

Location

State OH

County Cuyahoga

Interior

Heating Forced Air

Cooling None

Exterior

Garage Other

Roof Type Flat

Building

Foundation Basement

Sewer Public Sewer

Water Public

Schools

School District Cleveland Municipal - 1809

Others

Acceptable Financing Cash

Listing Terms Cash

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