881 Eddy Rd - Apartments FOR SALE


Cleveland, OH 44108- Forest Hills
$225,000 USD
216-244-5589
881 Eddy Rd, Cleveland, OH for Sale
$225,000 USD
Apartments - FOR SALE
1/6
null | Request Cap Rate

881 Eddy Rd
Cleveland, OH 44108
Forest Hills


OVERVIEW

Discover the potential in this 9-unit multifamily building located at 881 Eddy Rd, just moments from University Circle, major hospitals, and downtown Cleveland. The property features seven spacious 1-bedroom units and two 2-bedroom units, offering a versatile mix ideal for strong rental demand in this high-growth corridor. This building requires significant renovation, making it a perfect fit for an investor seeking a value-add project with substantial upside. With the right vision, upgrades, and repositioning, this property can generate impressive long-term cash flow.

FOR SALE DETAILS

PRICE

$225,000 USD

PRICE/SF

$29 USD /SF

# OF UNITS

9

PRICE/UNIT

$25,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1925

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

2F

APN/PARCEL ID

110-11-050

ASK ABOUT THIS PROPERTY

Jared ZakBerkshire Hathaway HomeServicesMore Info
216-244-5589

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Jared ZakBerkshire Hathaway HomeServicesMore Info
216-244-5589

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