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3501 E 93rd Street

Cleveland, OH 44105
  • $250,000
  • STATUS: Active
  • ON SITE: 11 Days
  • MLS #: 4392432
UPDATED: 55 min ago
$250,000
  • 0
    BEDS
  • 0.5
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 13,525
    SQFT
  • $18
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1915
County:

School Ratings & Info

Listing courtesy of Bhhs Professional Realty.
Listing information © 2022 YES-MLS.

Description

Welcome to this value add mixed use investment property at the corner of a well traveled intersection at Union and E. 93rd St. in Cleveland, Ohio. While there have been several updates done over the years to the property it is definitely in a condition that needs considerable TLC after vandalism. Once completed, this property will cash flow with an incredible cap rate. 10 apartments including three three-bedroom units, three two-bedroom units, and four one-bedroom units. The first floor features three office/retail units totaling approximately 2500 ft. as well as a center collaborative space with elevator to all three levels. The property has a full basement that can be used for a variety of uses and each apartment can have its own garage space with individual garage door! Additional parking in the rear and fantastic brick architecture. The seller has a contractor estimating the total rehab at $300,000. Potential rent roll attached based on all realistic area comparisons

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Listing information © 2022 YES-MLS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than Jose Medina and Associates | Keller Williams Legacy Group Realty are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2022-08-13T14:08:23.643.
www.mystarkcountyhome.com/homes/131496360
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3501 E 93rd Street Cleveland, OH 44105

  • Price: $250,000
  • Status: Active
  • On Site: 11 Days
  • Updated: 55 min ago
  • MLS #: 4392432
0
Beds
0
Baths
0
½ Baths
0.5
Acres
13,525
SQFT
$18
$/SQFT
1915
Built
Neighborhood:
City/Cleveland
County:
Cuyahoga
Area:
Cle South Of Woodland Kins Road
Property Description
Welcome to this value add mixed use investment property at the corner of a well traveled intersection at Union and E. 93rd St. in Cleveland, Ohio. While there have been several updates done over the years to the property it is definitely in a condition that needs considerable TLC after vandalism. Once completed, this property will cash flow with an incredible cap rate. 10 apartments including three three-bedroom units, three two-bedroom units, and four one-bedroom units. The first floor features three office/retail units totaling approximately 2500 ft. as well as a center collaborative space with elevator to all three levels. The property has a full basement that can be used for a variety of uses and each apartment can have its own garage space with individual garage door! Additional parking in the rear and fantastic brick architecture. The seller has a contractor estimating the total rehab at $300,000. Potential rent roll attached based on all realistic area comparisons
Exterior Features

Roof Other

Interior Features

Basement Full Basement YN Yes Building Area Total 13525 Cooling Central Air Cooling YN Yes Heating Forced AirGas Heating YN Yes

Property Features

Above Grade Finished Area 13525 Lease Considered YN No Listing Terms CashConventionalFhaVa Loan Ownership Principal/Nr Property Sub Type Mixed Use Sewer Public Sewer Township Cleveland Water Source Public Year Built Details Actual Ybt

Listing information © 2022 YES-MLS.
Listing provided courtesy of Bhhs Professional Realty.
Listing information © 2022 YES-MLS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than Jose Medina and Associates | Keller Williams Legacy Group Realty are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2022-08-13T14:08:23.643.
 
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Jose Medina and Associates | Keller Williams Legacy Group Realty
1401 South Main St. Suite 101
North Canton OH, 44720
Listing courtesy of Bhhs Professional Realty.
Listing information © 2022 YES-MLS.