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4755 Pearl Road, Cleveland
$500,000
4481450 MLS
This is a unique opportunity to own a large income producer in an up and coming area . The building was previously ran as a 40 unit hotel. Currently the building is vacant. Some demo work has been started to convert the units into 29 apartments, All of the units have been gutted. A large retail building is also located on the property. This building is large enough to host a laundromat, restaurant, gym, party room or a combination of all. Three parcels are included adding up to 1.30 acres. Plenty amount of parking space plus two large garages and even an area that would be great for a dog park. Located minutes to downtown, major hospitals, shopping, great restaurants and all major freeways. New roof (tear off) was installed along with exterior lighting. Owner willing to offer creative financing.

4755 Pearl Road, Cleveland

3444 E 149th Street, Cleveland
$175,000
4505014 MLS
Look at this 6 unit commercial apartment building for sale! Each unit contains one bedroom, one full bath, kitchen, living room and private entrances. Front units have private balconies! 3 newer furnaces, 2 newer hot water tanks, some newer windows, updated electrical, glassblock in basement! Unit 1 $550 M2M lease, Unit 2 $480 M2M no lease, Unit 3 $475 M2M no lease, Unit 4 $500 M2M Lease, Unit 5 vacant, 6 M2M $450. Tenants pay gas/electric. Owner Water/sewer. Solid Brick Building! Fenced in yard! Add this to your portfolio or start with a great income producing building! Property was purchased on 3/28/2022, started receiving rents in April 2022. In short time, it generated over $20k or $2,219/month, Reflecting: $26,630 annually. Expenses were low so it generated nice income. Lastly, rents potential to increase $50-100 per unit. Units 1-4 have been there for a while, current owner does not have leases for units 2,3,6- all on month to month. Property never conveyed with prior leases. New buyer to construct new lease with tenants. Unit 1+4 on lease currently on month to month. CITY LEAD BASED PAINT COMPLIANT! Selling As is! Close to restaurants, shopping, parks, hospitals, downtown and more! Contact today to see or with questions. This will not last long! Priced to sell with recent repairs done! No wholesales or seller financing!

3444 E 149th Street, Cleveland

10819 Magnolia Drive, Cleveland
$1,200,000
7 Beds ⋅ 5 Baths ⋅ 4490811 MLS
In the heart of the Historic District of University Circle, on a magnificent street of grand homes converted for a variety of uses, stands 10819 Magnolia Drive. This gracious brick Georgian was well known as The Junior League House for decades. Built in the classic style of its time, the detail and elegance of the original home remain intact waiting for you to decide how best to use the rooms---offices, classrooms, boutique residential...the possibilities are endless. Walk through this elegant slice of history with imagination and passion to create your vision. First floor main rooms are oversized and present an air of thoughtful elegance ideal for conference rooms and communal gatherings. The second and third floors offer seven+ rooms ideal for bedrooms, offices, studios, meetings, classrooms. Whatever you and your organization have dreamed of, house it here at 10819 Magnolia Drive surrounded by some of the finest, most respected institutions in Northeast Ohio. Square footage does not include spacious third floor consisting of three rooms, broad hallway and half bath. One complete second floor suite is ideal for a caretaker or renter.

10819 Magnolia Drive, Cleveland

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