1295 W Holmden Ave - Apartments FOR SALE


Cleveland, OH 44109- Tremont
$749,900 USD
1295 W Holmden Ave, Cleveland, OH for Sale
$749,900 USD
Apartments - FOR SALE
1/24
null | 7.78% Cap Rate

1295 W Holmden Ave
Cleveland, OH 44109
Tremont


OVERVIEW

WOW! Take a look at this gorgeous totally remodeled fourplex in the heart of Cleveland’s historic Tremont neighborhood! From the outside in, this property offers today's finest amenities with four spacious two bedroom rental units. Each apartment has been taken to the studs and completely rebuilt including new windows and LVT flooring throughout the open floor plan. The kitchen includes quartz counters, stainless appliances with a refrigerator, gas range, microwave and dishwasher. Each full bathroom has new tile and all new fixtures. All of the HVAC was done with newly added forced air systems. This apartment building is fully occupied and offers a 15 year tax abatement for a considerable amount of the improvements, further adding value and ROI. Perfect for a 1031 exchange, an investor looking for an easy to run and easy to rent building, or even an owner occupant buyer that would want to take possession of own of the units. One of the best opportunities in Cleveland!

FOR SALE DETAILS

PRICE

$749,900 USD

PRICE/SF

$183 USD /SF

# OF UNITS

4

PRICE/UNIT

$187,475

CAP RATE

7.78%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1890

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

-

APN/PARCEL ID

008-13-018

ASK ABOUT THIS PROPERTY

Seth TaskBHHS Professional RealtyMore Info

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Seth TaskBHHS Professional RealtyMore Info

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