Five-unit multifamily in Cleveland's Goodrich-Kirtland Park at $325,000, or $65,000 per door, with two units occupied and three open. Priced and underwritten as a lease-up. Two structures on one site: a brick four-unit up front with four two-bedroom, one-bath apartments, plus a separate rear house with a three-bedroom, one-bath layout. The current owner replaced the wiring and panels throughout at a cost of roughly $70,000, so the largest capital item on a building of this vintage is already retired and the open units are ready to lease/being refreshed post tenant move-out. Interiors have been fully renovated within the last couple of years,...read more
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Source: US Census Bureau
Listed By
Agency Name: Russell Real Estate Services
Agency Contact: tal@premierclevelandinvesting.com, 216-870-8687
Shown By
Agent Name: Necia T Freeman
Agent Phone: (304) 634-3319
Agency Title: Old Colony, REALTORS®
Agency Contact: Contact
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