Listing Courtesy of: thefrederickteam@gmail.com 216-210-7653 - Christopher A Frederick - Coldwell Banker Schmidt Realty 440-327-2123

2661 Grand Avenue Cleveland, OH 44104

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Fourplex Residence
9 Beds
6 Baths
Sq. Ft.
0.14 Acre Lot

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Last updated on 11/8/2024 12:44 AM
Investment Opportunity in Cleveland's New "Opportunity Corridor" - $330M Redevelopment! Seize this ground-floor investment in Cleveland's newly emerging "Opportunity Corridor" with a fully updated/lead-certified, mixed-use turnkey project. Featuring two well-cared-for, remodeled buildings that refle...ct beautiful workmanship and pride of ownership, this property offers immense potential. Building #1 includes vacant retail/storefront/office/warehouse space (the current owner is interested in leasing), along with three remodeled apartments. Two 1-bedroom units are rented for $700/month each, and one spacious 3-bedroom unit, just remodeled, is ready to rent for $1,250-$1,400/month (perfect for Section 8). There's room to increase rents, and this building also boasts a full basement, 5 bedrooms, 2 full/2 half baths, and ample parking. Building #2 is a beautiful 4-bedroom, 1.5-bath home, nicely remodeled/currently rented through Section 8 for $1,250/month, with an approved increase to $1,425. With ample parking, potential for billboard advertising, and turnkey professional management available, this is your chance to get in on Cleveland's fast-developing area before prices rise. Out-of-state investors are encouraged to research Cleveland's Opportunity Corridor project and see the potential this prime investment offers! Continue reading
MLS#
5080255
Property Type
Fourplex
Bedrooms
9
Bathrooms
4 Full/2 Half
Year Built
1890
Lot Size
0.14

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Listing Courtesy of: thefrederickteam@gmail.com 216-210-7653 - Christopher A Frederick - Coldwell Banker Schmidt Realty 440-327-2123
Andrea D. Conner, License BRKP.2017002935, Xome Inc., License REC.2015001703, [email protected], 844-400-XOME (9663), 2939 Vernon Place, Suite 300, Cincinnati, OH 45219


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This content last refreshed on 11/8/2024 12:44 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
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