1832 Willowhurst RD new Save Request In-Person Tour Request Virtual Tour
Cleveland,OH 44112
Key Details
Property Type Commercial
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Willowhurst Allotment
MLS Listing ID 5093275
HOA Y/N No
Year Built 1927
Annual Tax Amount $7,955
Tax Year 2023
Lot Size 7,374 Sqft
Acres 0.1693
Property Description
Rare 17-Unit Brick Building – Incredible Value-Add Opportunity! Savvy investors, don't miss this rare chance to acquire a large brick 17-unit property at a deeply discounted price! Completely vacant and ready for a full renovation, this building boasts replacement windows, individual furnaces in good condition, and common area water heaters intact. While the front façade brickwork and roof require approximately $50,000 in repairs, the building's solid bones and potential for high income post-renovation make it an ideal BRRRR or flip project. The property consists of all good sized one bedroom apartments. With incredible cash flow potential once restored and occupied, this is your opportunity to bring a classic building back to life and realize outstanding returns!
Location
State OH
County Cuyahoga
Interior
Heating Forced Air
Fireplace No
Exterior
Water Access Desc Public
Present Use Residential
Building
Sewer Public Sewer
Water Public
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 117-16-104
Acceptable Financing Cash,Conventional,1031 Exchange
Listing Terms Cash,Conventional,1031 Exchange
Special Listing Condition Standard