11809 Union AVE new Save Request In-Person Tour Request Virtual Tour
Cleveland,OH 44105
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision Union-Rice Sub
MLS Listing ID 5081729
Year Built 1920
Annual Tax Amount $1,451
Tax Year 2023
Lot Size 4,316 Sqft
Property Description
Welcome to 11809 Union Ave in Cleveland OH. This is a 6 unit building (4 renovated apartments and 2 storefronts). Each apartment has been�renovated within the last two years and have�been�fully occupied with tenants paying between $750 and $850 per month. The roof was refinished in 2022. Each unit has its own hot water tank and furnace; new as well. The two store fronts�have been gutted and are under renovation, therefore prospective buyers can view these areas during a showing / walkthrough. This is a strong cash flowing asset with upside when considering�current market rents and the underutilized storefronts. The location is also in a neighborhood ripe with opportunity. The owner will consider all offers, but it is important to note that given this is a commercial property, prospective buyers seeking to use leverage would need to acquire a commercial loan vs residential.� Seller will prioritize cash buyers and those with the capability to close fast. Set up a showing today!
Location
State OH
County Cuyahoga
Interior
Heating Forced Air
Building
Sewer Public Sewer
Water Public
Schools
School District Cleveland Municipal - 1809
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional