15957 Euclid Ave, East Cleveland, OH 44112
sale
$199,000
|
Retail
Courtesy Of RE/MAX Traditions
Fantastic opportunity to own a huge retail building with walk-up apartments in East Cleveland. Close to public transit, Little Italy, University Circle, Cleveland Clinic and University Hospital. Fifteen minutes to downtown. Six store fronts right on Euclid with lots of traffic. Six apartments above storefronts with individual access, seven apartments on Rosedale with back of building access. Six two-bedroom one bath, six one bedroom one bath, one three-bedroom two baths. Ample off-street parking in rear. Two store fronts rented to beauty school for $1,000 dollars a month, Other storefronts vacant. Four rental units occupied by tenants, between $400-500 dollars a month. One unit occupied by custodian who maintains building for no rent. Vacant three-bedroom two bath ready for rent, vacant two-bedroom one bath ready for rent, vacant one bedroom one bath ready for rent. Last four units need rehab, moderate to extensive. Tenants pay all utilities besides water and sewer. All tenants one-to-two-year leases. One has been there 35 years. Come check this out! Once at full occupancy at this price, absolute cash cow. Property sold as is.
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Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Heating System: Forced Air
- MLSID: 4415792
- Roof Type: Unknown
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