For Sale
$2,200,000

1376 112Th StCleveland, OH 44102

Prime Cleveland multifamily investment.

Overview

Added:
Dec 11, 2024
Days on market:
114
This well-maintained, 34-unit apartment building presents a compelling investment opportunity in a rising Cleveland neighborhood. Located at 1376-1380 W. 112th Street, Cleveland, OH 44102 (APN 001-18-071), this property boasts high occupancy, historically maintaining 30-32 occupied units over the past two years. Recent capital improvements include a new roof and windows installed in 2019, along with exterior brickwork completed the same year. A new boiler is scheduled for installation in April 2023. The property includes on-site laundry facilities with equipment owned by the seller, eliminating third-party contracts. Its convenient location offers walkability to the Detroit Avenue commercial corridor near the Lakewood border, adding to its appeal. The asking price for this exceptional multifamily asset is $2,200,000. This is a turnkey investment opportunity with strong potential for future growth and returns.

Highlights

  • Well-maintained 34-unit multifamily investment opportunity in a rising Cleveland neighborhood.
  • Prime location, walkable to Detroit Avenue's commercial corridor near Lakewood.
  • High occupancy; 30-32 units occupied over the past two years.
  • New windows and roof installed in 2019.
  • Exterior brickwork completed in 2019.
  • New boiler scheduled for installation in April 2023.

Property Details for 1376 112Th St

Property type
Apartment buildings
Units
34

Location Insight

City
Cleveland
County
Cuyahoga
State
Ohio
Latitude
41.4832743
Longitude
-81.7651888
1376 112Th St, Cleveland, Ohio

FAQs

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1376 112Th St
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