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1369 W 112th Street

Cleveland, OH 44102
  • $1,025,000
  • STATUS: Active
  • ON SITE: 164 Days
  • MLS #: 4402755
UPDATED: 71 min ago
$1,025,000
  • 0
    BEDS
  • 0.21
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 15,435
    SQFT
  • $66
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1920
County:

School Ratings & Info

Listing courtesy of Bhhs Professional Realty.
Listing information © 2023 YES-MLS.

Description

Welcome to the Nina Apartments. This 20 unit building is located in Clevelands Edgewater neighborhood and offers investors an opportunity to purchase a primed VALUE ADD property. 18 of 20 units vacated with the last two in process so you can expediteg reno & stabilization at market rents. New roof done last year, windows are replacement vinyl, and several units need very little. Seller estimates complete restortation at $300K, which provides for a cash out refi scenario that would protentially produce over 12% return on cash! Entrance to Edgewater Park and Beach just a mile away with Lakewood five blocks top the west.

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Listing information © 2023 YES-MLS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than Connections Realty | Keller Williams are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2023-02-05T20:08:08.593.
www.connectionsrealty.org/homes/132438984
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1369 W 112th Street Cleveland, OH 44102

  • Price: $1,025,000
  • Status: Active
  • On Site: 164 Days
  • Updated: 71 min ago
  • MLS #: 4402755
0
Beds
0
Baths
0
½ Baths
0.21
Acres
15,435
SQFT
$66
$/SQFT
1920
Built
Neighborhood:
Henry Lowers
County:
Cuyahoga
Area:
Cle Between West Blvd & W 140th
Property Description
Welcome to the Nina Apartments. This 20 unit building is located in Clevelands Edgewater neighborhood and offers investors an opportunity to purchase a primed VALUE ADD property. 18 of 20 units vacated with the last two in process so you can expediteg reno & stabilization at market rents. New roof done last year, windows are replacement vinyl, and several units need very little. Seller estimates complete restortation at $300K, which provides for a cash out refi scenario that would protentially produce over 12% return on cash! Entrance to Edgewater Park and Beach just a mile away with Lakewood five blocks top the west.
Exterior Features

Fencing PartialPrivacyWood Levels Three Or More Parking Total 4 Roof Flat

Interior Features

Basement PartialUnfinished Basement YN Yes Building Area Total 15435 Cooling None Cooling YN No Heating GasHot WaterRadiator(S)Steam Heating YN Yes

Property Features

Above Grade Finished Area 15435 Lease Considered YN No Listing Terms Cash Owner Pays SewerTrash CollectionWater Property Sub Type Apartment Sewer Public Sewer Township Cleveland Water Source Public Year Built Details Actual Ybt

Listing information © 2023 YES-MLS.
Listing provided courtesy of Bhhs Professional Realty: (440) 266-8085.
Listing information © 2023 YES-MLS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than Connections Realty | Keller Williams are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2023-02-05T20:08:08.593.
 
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Connections Realty | Keller Williams
Norton OH, 44203
Listing courtesy of Bhhs Professional Realty.
Listing information © 2023 YES-MLS.