4407 Clinton Ave - Apartments FOR SALE


Cleveland, OH 44113- Ohio City
$589,900 USD
216-619-9696
4407 Clinton Ave, Cleveland, OH for Sale
$589,900 USD
Apartments - FOR SALE
1/1
null | Request Cap Rate

4407 Clinton Ave
Cleveland, OH 44113
Ohio City


HIGHLIGHTS

  • Area of much new construction and rehabilitation
  • Walkable to many restaurants, bars, coffee shops and breweries.
  • Minutes to downtown and University Circle

OVERVIEW

Here’s a great opportunity to add a solid multi-unit property to your portfolio, right in the heart of Ohio City. Each unit comes equipped with its own washer & dryer, ceiling fans for cooling, and bedrooms with carpet for added warmth. Flooring throughout is a mix of laminate and, in many kitchens, ceramic tile backsplashes. Bathrooms offer plank style flooring, with several featuring full ceramic tile finishes. The exterior is finished in wood siding, lending a warm, classic touch. Located near I-90 and Route 2, commuting to downtown Cleveland, University Circle or surrounding areas is quick and straightforward. Walkable to Hingetown, the Market District and Gordon Square these townhomes are steps from coffee shops, restaurants, breweries, bars, theaters and the West Side Market. The Lakefront Bikeway will take you to Edgewater Park and Whiskey Island or connect to the Towpath Trail to head to Tremont or the Cuyahoga Valley National Park. Investors are welcome as this is an excellent opportunity to expand your portfolio in a premium neighborhood and on a block with significant new construction and rehabilitation.

FOR SALE DETAILS

PRICE

$589,900 USD

PRICE/SF

$135 USD /SF

# OF UNITS

5

PRICE/UNIT

$117,980

CAP RATE

Request Cap Rate

% LEASED

80%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1870

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

19,914 SF

ZONING

2F

APN/PARCEL ID

003-25-041

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.