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3250 E 49TH ST CLEVELAND, OH 44127
- Townhouse or Condo / Resale (MLS)
Property Details for 3250 E 49TH ST, CLEVELAND, OH 44127
Features
- Lot Size: 0.24 acres
- Total Units: 12
- Stories: 3
- Roof Type: Composition Shingle
- Heating: Steam Heating
- Construction Type: Other
- Exterior Walls: Brick
Facts
- Year Built: 01/01/1963
- Property ID: 979141105
- MLS Number: 5103335
- Parcel Number: 131-19-082
- Property Type: Townhouse or Condo
- County: CUYAHOGA
- Listing Status: Active
Sale Type
This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
Description
This listing is NOT a foreclosure. Prime Investment Opportunity 12-Unit Brick Apartment Building in Historic Slavic Village, Cleveland. nnSeize this exceptional investment opportunity in this solid three-story, all-brick 12-unit apartment building features (10) one-bedroom and (2) two-bedroom apartments in historic Slavic Village, Cleveland. 10 of 12 units have been renovated within the last 18 months. Seller purchased, vacated the majority of the building, completing approximately $200k in repairs, turns and updates in 2023 & 2024 and is ready to hand it to it's new owner. Current ownership engaged professional management services, helping to stabilize the building. Management co is happy to continue. The building is compliant with City of Cleveland requirements in rental registration and lead safety. Location is ideal - minutes from Downtown Cleveland, with easy access to public transportation, nearby other affordable housing opportunities, and in close proximity to the Slavic Village Redevelopment project. Both on and off street parking options are available. Tenants pay electric, owner pays water/sewer/trash/gas/common areas electric. With a strong rental demand and a professionally managed operation, this property is positioned for long-term cash flow and appreciation. Do
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Property Brokerage:
carolyn riley real estate services, inc.
141 Merz Blvd.
Akron
OH
44333
Copyright © 2025 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
All information provided is deemed reliable, but is not guaranteed and should be independently verified.