5612 Linwood Avenue, Cleveland, OH 44103

$300,000

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Sold Price
$300,000
List Price
$275,000
Status
CLOSED
Days on Market
107
Closing Date
Dec 25, 2024
MLS#
5068723
Subtype
Commercial Sale
Year Built
1916
Acres
0.12
Subdivision
Midway N C Waters
Neighborhood
Midway N C Waters
MLS Area Major
Cleveland

Property Description

Beautifully Maintained Six-Unit Brick Building. Discover this charming brick building, featuring six fully occupied suites that offer a wonderful investment opportunity. Each unit is carefully maintained, ensuring a comfortable living environment for tenants. Attractive brick exterior with classic architectural details. Well-maintained, showcasing pride of ownership All six units are currently occupied, providing immediate rental income. Each unit is equipped with its own heating and air conditioning system, allowing for personalized climate control. Spacious and thoughtfully designed units that maximize livable space Coin-operated washers and dryers available in the basement for tenant convenient. Ample street parking available, making it easy for residents and guests. Pictures of the unit are **Virtually Staged** **Location:** - **Accessibility:** Excellent access to public transportation, with bus stops within easy reach - **Surroundings:** Located in a vibrant neighborhood with nearby shops, restaurants, and parks **Investment Opportunity:** This property is an ideal choice for investors seeking a well-maintained building with reliable occupancy and strong rental demand. Don't miss the chance to own a piece of this desirable real estate! Buyer to assume lead testing. Units 1,2,3 are Month-to-Month. 4,5,6 expire June-Aug 2025 Potential to lease for $1135 per unit . The original roof 2005, placed a new protective coating in roof three years ago. The windows were installed in 2005. All hot water tanks are under 4 years old, two installed in 2023 and two installed this year, 2024 The HVAC units are combined in one window unit and were installed in 2005. Call list agent for more info

Additional Information

Taxes
$5,031
Heating
Forced Air
Air Conditioning
Separate Meters, Zoned
Parking Features
No Garage, Off Street, Outside
School District
Cleveland Municipal - 1809

Listing Courtesy of: Katerina Ali Michalopoulos, kalixc21@gmail.com With Century 21 Premiere Properties, Inc.

Selling Office: Century 21 Homestar.

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