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Shawana Hanson

info@luxehauscle.com +1(216) 971-3161

$ 369,900

Est. payment | -/mo

5,445 Sqft Lot

Save

$ 369,900

Est. payment | -/mo

Save

5,445 Sqft Lot

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision Midway N C Waters

MLS Listing ID 5221522

HOA Y/N No

Year Built 1916

Annual Tax Amount $7,005

Tax Year 2025

Lot Size 5,445 Sqft

Acres 0.125

Property Sub-Type Apartment

Property Description

Completed updated, turnkey all brick apartment building with 7 apartments. This is the ideal multifamily investment well positioned close to Cleveland Clinic, Case Western Reserve and University Circle - one of the hottest investment markets in Cleveland, Ohio. Each unit features large 2 bedrooms and 1 bath units. Each apartment offers separate gas and electric meters - VERY RARE! 6 in unit furnaces, 6 A/C units, 6 H20 tanks, 7 gas meters and 7 electric panels allowing the tenants to pay for their utilities. On street parking and shared driveway. All units equipped with refrigerators and stoves. Over $250,000 invested into the building by prior ownership. Extensive list of capital improvements including: vinyl windows (2005), electric panels, H2O tanks (2019-2024), kitchens and baths all have tile flooring, tile showers, oaks cabinets, glass block windows in basement, electrical service to property, updated units, updated common areas and more! Coin operated laundry for additional income. Positioned along the Cleveland Clinic Corridor close to Case Western Reserve University (2.2 miles away).
Downtown Cleveland (3.2 miles away). Close to shopping including Daves Supermarket (0.8 miles away). Highly desirable area for
increased rent growth and development in the surrounding area. Great cash flow and easy to maintain. Huge opportunity to bring the 7th apartment back online in the basement. Currently not being utilized and will require renovation. Reach out today for a copy of the Offering Memorandum and to schedule a tour!

Location

State OH

County Cuyahoga

Rooms

Basement Apartment, Common Basement, Full, Unfinished, Walk-Out Access

Interior

Heating Forced Air, Gas

Cooling Central Air

Fireplace No

Laundry Coin-operated

Exterior

Parking Features Shared Driveway, On Street

Fence Partial

Amenities Available Bike Storage

Water Access Desc Public

Roof Type Flat,Membrane,Rubber

Present Use Multi-Family,Residential,Single Family

Total Parking Spaces 2

Building

Foundation Basement

Sewer Public Sewer

Water Public

Level or Stories Three Or More

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 104-18-038

Security Features Fire Escape

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

IDX - Northern Ohio Regional MLS (YES-MLS)/MLS NOW

Listed by Anthony D Takacs • Century 21 Homestar • takacs.century21@gmail.com, 440-567-8047

NEARBY SCHOOLS & PROPERTIES

"Whether you're looking to purchase your first home, dream home, investment property, and/or sell your current home, I am committed to providing you with high-quality bespoke services."

+1(216) 971-3161

info@luxehauscle.com

1991 Crocker Rd. Suite 600, Westlake, OH, 44145, United States

5612 Linwood AVE Cleveland, OH 44103