1376-1380 112Th St, Cleveland, OH 44102
34 Unit Apartment Building | $1,775,000 ($52,206/Unit) | 7.32% Cap Rate | Cleveland, OH 44102
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $1,775,000
- Property Type
-
Multifamily
- Square Feet
- 54,828 SF
Listing Contacts
Eric Schreibman
Verified Profile
Rico Pietro
Verified Profile
Kirsten Paratore
Verified Profile
Robby Martinelli
Verified Profile
- Property Info
Property Overview
Well-located, well-maintained 34-unit investment opportunity. Rising neighborhood, walkable to Detroit Avenue commercial corridor near Lakewood border. High occupancy property (30-32 units occupied historically over last 2+ years). New windows & roof installed 2019. Exterior brick work completed in 2019 (clean/tuck pointing). Boiler replacement scheduled for April 2023. On-site laundry facilities (equipment owned by seller, no third party contract).
Property Details
- Class
- C
- Year Built
- 1910
- Stories
- 3
- Lot Size (sq. ft)
- 13,939 SF
- Units
- 34
Highlights
- Well-located, well-maintained 34-unit investment opportunity.
- New windows and roof installed in 2019.
- On-site laundry facilities owned by seller.
- Spacious living areas with hardwood floors.
Nearby Properties
Similar Properties
FAQ
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- What is the difference between Tier 1 & Tier 2 in the Due Diligence Vault?
- Documents that are placed in a Tier-1 Due Diligence vault require the execution of a Confidentiality Agreement (“CA”) for access. Documents and folders placed in the Tier-2 vault are intended to have an added layer of security and require the execution of a CA in addition to required Broker approval for access.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].