7601 Union Avenue, Cleveland, OH 44105
sale
$59,900
|
Retail
Courtesy Of Greater Cleveland
Mixed-use investment opportunity in Cleveland's 44105 area! 7601 Union Ave features a retail/commercial storefront on the first level with two residential apartment units above, offering strong income-producing potential for investors looking for a value-add opportunity. The upper units include a 1-bedroom studio apartment and a spacious 2-bedroom apartment, creating multiple streams of rental income from one property. The property has experienced water damage due to a burst pipe during the winter and will require repairs and renovation, making it ideal for investors, contractors, or buyers looking for a rehab project with upside potential. Conveniently located near major roadways, public transportation, and local businesses, this property offers excellent potential for a fix-and-hold or redevelopment strategy. Opportunities like this are perfect for investors looking to expand their portfolio and build long-term cash flow in Cleveland's growing investment market.
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Property Features
- Age: Over 50 Years Old
- Heating System: Steam
- Heating System: Hot Water(Heating)
- Heating System: Forced Air
- Legal Description: 323 MORGAN S/L 18 19 0017 WP
- MLSID: 5213591
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