Don't miss this outstanding multifamily investment opportunity to add to your portfolio! This solid brick four-unit apartment building offers approximately 6,000 square feet total, with approximately 3,000 square feet of living space across four one-bedroom, one-bathroom apartments. Whether you are a seasoned investor looking to expand your portfolio or a savvy buyer ready to live in one unit while the other three help cover your mortgage, this flexible layout works for both strategies. The big-ticket items are already taken care of newer roof, newer windows, newer furnaces, newer hot water tanks, and a waterproofed full basement mean you are stepping into a property with the heavy lifting already done. Interiors offer excellent value-add potential through cosmetic updates. Select flooring and improvement materials will convey with the property to give you a head start on enhancements. Conveniently located with easy access to Downtown Cleveland, University Circle, major healthcare employers, shopping, public transportation, and key commuter routes. As an added opportunity, the neighboring adjacent parcel is also available for purchase separately, offering buyers the potential to expand their footprint and flexibility for future use, subject to local zoning and applicable requirements. Buyer is encouraged to perform their own due diligence and independently confirm the accuracy of all information provided, including but not limited to square footage, property conditions, improvement details, and zoning matters pertaining to the adjacent parcel.
Listed By
Agency Name: EXP Realty, LLC.
Agency Contact: theresa.anderson@exprealty.com; 216-577-0226
Shown By
Agency Title: M.C. Real Estate
Agency Phone: (330) 723-9911
Estimated Payment
$ 694.43 per month $389.47 Principal & Interest $253.92 Property Tax $51.04 Homeowner's Insurance
14912 Alder Avenue | MLS# 5222640
This multi-family property located at 14912 Alder Avenue , East Cleveland, OH 44112 is currently listed for sale with an asking price of $175,000. Alder Avenue is located within the East Cleveland City school district. Search East Cleveland real estate on www.mcrealestateohio.com today.