976 E 70th ST new Save Request In-Person Tour Request Virtual Tour
Cleveland,OH 44103
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Hoyt
MLS Listing ID 5161928
HOA Y/N No
Year Built 1920
Annual Tax Amount $2,594
Tax Year 2024
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type Apartment
Property Description
Excellent investment opportunity! This well-maintained 8-unit brick building offers both stability and upside potential in the St. Clair-Superior neighborhood. Four units are currently occupied, providing immediate rental income, while four units are vacant and ready to be leased at market rates. Recent updates include fresh flooring, new carpets, and upgraded heating systems, creating a warm and inviting living environment for tenants. This property has the potential to gross over $7,000 of monthly income after it is stabilized. The property is conveniently located near shops, restaurants, and public transportation, making it highly desirable for renters. See rent roll and inspection report for details.
Location
State OH
County Cuyahoga
Interior
Heating Forced Air
Cooling None
Fireplace No
Exterior
Water Access Desc Public
Present Use Multi-Family
Building
Story 3
Sewer Public Sewer
Water Public
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 105-14-047
Special Listing Condition Standard