1173 E 60th St - Apartments FOR SALE


Cleveland, OH 44103- St Clair-Superior
$359,900 USD
216-619-9696
1173 E 60th St, Cleveland, OH for Sale
$359,900 USD
Apartments - FOR SALE
1/28
null | Request Cap Rate

1173 E 60th St
Cleveland, OH 44103
St Clair-Superior


OVERVIEW

Amazing property in Cleveland's St Clair Superior neighborhood. Three homes on a huge lot with five total apartments and eight garage spaces. Monthly rental income currently totals $4,925 and there is room to grow as the current owner has not raised rents with the market. The property includes: 1) Updated single family wood frame home 2 bedroom 2 full baths and open floor plan; 2) An updated brick duplex with 3 stories each, 2 bedrooms, office/flex area, 1 1/2 baths, open floor plan and exposed brick; 3) An up down wood frame double with a groovy 1970s 2 bedroom first floor and a cool 2 bedroom vaulted ceilings and open floor plan on the second. Minutes from downtown, University Circle and area hospitals. Easy access to Lake Erie via the East 55th Street Marina and the Lakefront Nature Preserve. Region access via I-90. Public Transportation via the #1 bus 1/2 block down on St Clair.

FOR SALE DETAILS

PRICE

$359,900 USD

PRICE/SF

$59 USD /SF

# OF UNITS

5

PRICE/UNIT

$71,980

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,848 SF

ZONING

TWO FAMILY

APN/PARCEL ID

104-13-040

ASK ABOUT THIS PROPERTY

David SharkeyProgressive Urban Real EstateMore Info
216-619-9696

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David SharkeyProgressive Urban Real EstateMore Info
216-619-9696

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.