1204 Auburn AVE Active Save Request In-Person Tour Request Virtual Tour
Cleveland,OH 44113
Key Details
Property Type Commercial
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision John G Jennings University Heights
MLS Listing ID 5098688
HOA Y/N No
Year Built 1890
Annual Tax Amount $11,079
Tax Year 2024
Lot Size 4,530 Sqft
Acres 0.104
Property Sub-Type Apartment
Property Description
Welcome to 1204 & 1206 Auburn Ave! A five unit apartment building in the heart of TREMONT!! Calling investors for a wonderful opportunity to own this piece of property. 4/5 units occupied. Two one bed one bath units, a completely renovated two bed one bath 2025, a three bed one bath and a renovated four bed one bath 2023. Gross income of 56k/year with much room for growth. Two buildings with a common basement under 1204 and two separate partial basements for the two units of 1206. All very dry. Updated electrical. Back unit has newer appliances and has been recently gutted, painted, new carpet & new flooring down to replacing the drywall. All newer water tanks and a newer furnace. Some rents are currently under market value. Rare opportunity minutes from Downtown Cleveland, around the corner from parks, schools, pubs, eateries and entertainment. Not far from the Cleveland clinic and other hospitals with easy highway access. Inquire to agent regarding specifics on recent updates, rent roll and building financials.
Location
State OH
County Cuyahoga
Rooms
Basement Common Basement
Interior
Heating Forced Air,Gas
Cooling None,Window Unit(s)
Fireplace No
Exterior
Fence Chain Link
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Building
Foundation Basement
Sewer Public Sewer
Water Public
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 004-21-096
Security Features Fire Alarm