30
See all 30 photos
$530,000
Est. payment /mo
4,617 Sqft Lot
New
8621 Denison AVE Cleveland, OH 44102
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Key Details
Property Type Commercial
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Seidman
MLS Listing ID 5149822
HOA Y/N No
Year Built 1916
Annual Tax Amount $5,777
Tax Year 2024
Lot Size 4,617 Sqft
Acres 0.106
Property Sub-Type Apartment
Property Description
Income-producing 6-unit building in the heart of Cleveland's West Side, featuring 3 one-bedroom, one-bath , 2 two-bedroom, one bath apartments and 1 storefront. All apartment tenants are Section 8, paying their own electric and gas, while the owner covers water and sewer. Current rents: Unit 1 $840/month (month-to-month since 8/22), Unit 2 $839month, Unit 3 $810/month (month-to-month since 7/23), Unit 4 $974/month (lease expires 8/26), Unit 5 $999/month (month-to-month since 10/23), and the storefront $1,000/month (lease expires 7/26). Well-maintained and turnkey, this property offers reliable cash flow and excellent investment potential. Located on a bus line and just minutes from downtown, the airport, and freeway access, this building is a prime opportunity for investors seeking immediate income in a high-demand area.
Location
State OH
County Cuyahoga
Interior
Heating Forced Air, Hot Water, Steam
Cooling Window Unit(s)
Fireplace No
Exterior
Parking Features On Street
Water Access Desc Public
Building
Sewer Public Sewer
Water Public
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 017-30-008
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Theresa M Seese • McDowell Homes Real Estate Services • Theresa@sellwithseese.com, 216-666-1411