932 Wheelock Road, Cleveland, OH 44103
sale
$189,900
|
Commercial-Other
Listed By CENTURY 21 HomeStar
Exceptional investment opportunity in Cleveland's growing Glenville neighborhood! This all-brick 6-unit apartment building offers investors the chance to generate significant cash flow with a projected rental potential of approximately $1,200 per unit per month. The property features spacious apartment units, many with vinyl replacement windows, while some kitchens and bathrooms appear to have been updated, providing added appeal for future tenants. Each unit is served by its own forced-air furnace, offering individual heating systems and added convenience for property management. The solid brick construction provides durability and long-term value for any investor's portfolio. Conveniently located just minutes from the world-renowned Cleveland Clinic, Case Western Reserve University, and the cultural and educational amenities of University Circle, this property is ideally positioned to attract tenants seeking proximity to healthcare, education, and major employment centers. Whether you're looking to expand your portfolio or acquire a value-add multifamily asset with strong income potential, this 6-unit building presents an outstanding opportunity. With potential gross rental income approaching $7,200 per month at market rents, the numbers make this property worthy of consideration. Sold as-is.
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Property Features
- Age: Over 50 Years Old
- Basement: Full
- Basement: Unfinished
- Building Area: 5560.00 SF
- Cross Docks: N
- For Auction: N
- Heating Type: Forced Air
- Lot Size In Text: 4599 Sq. Ft.
- MLSID: 5215295
- Parking Places: 0
- Price Upon Request: N
- Sewer: Public
- Style: Other Style
- Sublease: N
- Taxes: $3594.00
- Year Built: 1913
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