976 E 70th Street, Cleveland, OH 44103
sale
$399,900
|
Apartment
Courtesy Of Lokal Real Estate, LLC
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.
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Property Features
- Age: Over 50 Years Old
- Building Units: 8
- Floors: 4
- Heating System: Forced Air
- Legal Description: 347 HOYT S/L 68 SP 86 NP 0067
- MLSID: 5239737
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