11821 Corlett AVE Pending

Cleveland,OH 44105

$ 64900

- Bed

0 Bath

0 SqFt


Key Details

Property Type Commercial

Sub Type Apartment

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 5081365

Construction Status Fixer

HOA Y/N No

Year Built 1928

Annual Tax Amount $11,500

Tax Year 2023

Lot Size 8,929 Sqft

Acres 0.205

Property Description

Discover the potential of this 8-unit apartment building, an ideal project for savvy investors. Each unit features a classic 2-bedroom, 1-bath layout, offering a solid foundation for a complete remodel. With a fresh vision and renovation, this property is poised to become a highly sought-after rental asset in an upcoming neighborhood.

The building's current state provides a blank canvas for modernization and upgrades, allowing you to maximize rental income and return on investment. In addition to the renovation potential, there is an opportunity for additional parking space next to the building, enhancing its appeal and convenience for future tenants.

Located in a desirable area, across from John Adams High School, with strong rental demand, this property offers a prime chance to capitalize on a high-potential investment. Don't miss out on the opportunity to transform this building into a profitable and modern residential asset. Schedule your viewing today and explore the possibilities this property has to offer!

Location

State OH

County Cuyahoga

Rooms

Basement Full,Unfinished

Interior

Heating Forced Air

Cooling None

Fireplace No

Exterior

Garage Additional Parking,On Site

Fence None

Water Access Desc Public

Parking Type Additional Parking,On Site

Building

Sewer Public Sewer

Water Public

Construction Status Fixer

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 137-14-027

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

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