Price Reduced ListingLocated in the desirable Little Italy area, this large 5-unit apartment building offers an excellent investment opportunity on an exceptionally spacious double lot, one of the largest lots in the Little Italy area. The property features five separate apartment units, with each unit equipped with its own furnace and hot water tank, providing individual utilities and added convenience for both ownership and tenants. The building is occupied by long-term tenants, offering established rental income and a strong opportunity for an investor looking to add a well-positioned multifamily property to their portfolio.
| MLS # | 5237766 |
|---|---|
| Listing Type | For Sale |
| Style | Apartment |
| Sub-Type | Resale |
| Status | Active |
| Year | 1900 |
| Days On Site | 45 |
| Listing Provided By | Russell Real Estate Services | Michael P Terrigno |
| SQ Feet | 3,667 |
|---|---|
| Basement | Y |
| Zoning | Multi-Family |
| Acreage | 0.11 |
| Parking Features | Parking Pad |
|---|
| Tax Annual Amount | 8630 |
|---|
| State | OH |
|---|---|
| County | Cuyahoga |
| City | Cleveland |
| Zip Code | 44106 |
| Community Name | Cleminshaw & Kilbourne Sub |
| Listing VS Median (in Cleminshaw & Kilbourne Sub) | |
Price: $549,000 low | high Med: $549,000 sqft: 3,667 low | high Med: 3,667 $ / sqft: $150 low | high Med: $150 On site: 45 low | high Med: 45 | |
| State | OH |
|---|---|
| County | Cuyahoga |
| City | Cleveland |
| Zip Code | 44106 |
| Community Name | Cleminshaw & Kilbourne Sub |
| Listing VS Median (in Cleminshaw & Kilbourne Sub) | |
Price: $549,000 low | high Med: $549,000 sqft: 3,667 low | high Med: 3,667 $ / sqft: $150 low | high Med: $150 On site: 45 low | high Med: 45 | |