1106 E 64th Street, Cleveland, OH 44103

$65,000
7
BD
7
BA
3,738
SqFt

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Sold Price
$65,000
List Price
$65,000
Status
CLOSED
MLS#
5051960
Year Built
1910
Closing Date
Nov 19, 2024
Bedrooms
7
Bathrooms
7
Living Area
3,738
Region
Cleveland
Township
Cleveland
Subdivision / Building
Abby & L F Kilfoyle

Property Description

Unlock the potential of this fantastic investment opportunity with this 5-unit apartment building. This property is perfect for investors seeking a project with significant upside potential through a complete interior rehab. The building features three spacious 3-bedroom units and two 1-bedroom units, with projected monthly rental income ranging from $1,000 to $1,600 per unit. With an estimated total rental income between $5,000 and $8,000 monthly after renovations, this property promises excellent returns on investment. The diverse unit mix allows for targeting a broad range of tenants, ensuring steady occupancy and income. Located in a prime area with convenient access to public transportation, schools, shopping centers, and dining options, this building is poised for value appreciation. This opportunity is ideal for investors looking to add significant value through strategic renovations and capitalize on the growing rental demand in.

Additional Information

Taxes
$846
Acres
0.11
Sewer
Public Sewer
Roof
Composition
Water
Public
Heating
Forced Air
Cooling
Ceiling Fan(s)
School District
Cleveland Municipal - 1809

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Listing Courtesy of: Alexys Jones, alexysjones@kw.com With Keller Williams Greater Metropolitan

Selling Office: Keller Williams Greater Metropolitan.

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