- For Sale $1,030,000
- Property Type Multi-Family
- Property Size 9,375 SF
- Units 9
- Lot Size 0.73 Acre
- Parking Spaces Avail. 25
- Property Tenancy Multi-Tenant
- Year Built 1912
- Year Renovated 2023
- Date Updated Apr 8, 2024
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Highlights
- 9-UNIT MULTIFAMILY PORTFOLIO IN CLEVELAND, OHIO!
- LARGE UNITS WITH EXTREMELY UNDERMARKET RENTAL RATES IN PLACE!
- LOCATED IN THE FAMOUS GORDON SQUARE ARTS DISTRICT!
- ONLY A FEW MILES FROM DOWNTOWN, THIS AREA HAS SEEN TREMENDOUS GROWTH IN THE PAST 5 YEARS!
- AMAZING SELLER FINANCING AVAILABLE! APPROX TERMS: $400,000 DOWN, 6% FIXED IR, INTEREST-ONLY PAYMENTS, 5-YEAR BALLOON!
- MONTHLY DEBT SERVICE AS LOW AS $3,150!
- 17% CASH-ON-CASH RETURN BY 2025!
- 10.3% CAP RATE BY 2025!
- ALL UNITS HAVE BEEN RECENTLY UPDATED AND ARE IN FANTASTIC CONDITION!
- AMPLE PARKING FOR TEANNTS AND GUESTS!
False
Contacts
Location
Getting Around
-
Walk Score ®
74/100
Very Walkable
-
Transit Score ®
54/100
Good Transit
-
Bike Score ®
65/100
Bikeable
- City Cleveland, OH
- Neighborhood Detroit-Shoreway
- Zip Code 44102
- Market Cleveland Akron
Points of Interest
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West 65th–Lorain (Eco-Village)
0.39 miles
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West Boulevard–Cudell
0.92 miles
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West 117th–Madison
1.76 miles
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West 25th–Ohio City
1.80 miles
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Flats East Bank
2.16 miles
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Settlers Landing
2.16 miles
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Tower City
2.47 miles
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West 3rd
2.55 miles
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Cleveland
2.72 miles
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Triskett
2.73 miles
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Express Gas
0.27 miles
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Hanini Petroleum
0.40 miles
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Gulf
0.83 miles
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Sunoco
1.21 miles
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Ohio City Gas
1.28 miles
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BP
1.37 miles
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Shell
1.77 miles
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Shell
1.85 miles
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Get Go
1.91 miles
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BP
2.06 miles
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Cudell Station Parking
0.99 miles
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St. Ignatius Parking
1.56 miles
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West Side Market Parking
1.73 miles
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Merwin's Wharf Parking Lot
1.88 miles
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Toomey
2.36 miles
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View Garage
2.37 miles
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Ontario Street Parking Garage
2.61 miles
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Collection Auto Group Centre
2.62 miles
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515 Garage
2.77 miles
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Triskett RTA Parking
2.80 miles
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Stone Gables Inn
1.20 miles
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J. Palen House
1.54 miles
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Cleveland Hostel
1.70 miles
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Travelodge by Wyndham Cleveland Lakewood
2.01 miles
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Days Inn Cleveland Lakewood
2.10 miles
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Aloft Cleveland Downtown
2.23 miles
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The Ritz-Carlton
2.45 miles
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Renaissance Cleveland Hotel
2.50 miles
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Cleveland Marriott Downtown at Key Tower
2.62 miles
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Hilton Cleveland Downtown
2.63 miles
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McDonald's
0.27 miles
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Local West
0.27 miles
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Frank's Falafel House
0.33 miles
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Subway
0.35 miles
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Georgio's
0.36 miles
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Nunzio's Pizzeria
0.38 miles
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Luxe
0.39 miles
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Ricon Criollo
0.42 miles
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Blue Habanero Street Tacos and Tequila
0.45 miles
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Villa Y Zapata
0.45 miles
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Watterson-Lake Elementary School
0.18 miles
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Joseph M Gallagher School
0.25 miles
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Our Lady of Mount Carmel School
0.39 miles
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H Barbara Booker School
0.45 miles
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Metro Catholic Parish School
0.55 miles
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Waverly School
0.58 miles
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Max Hayes High School
0.66 miles
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Madison Community Elementary
0.69 miles
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Urban Community School
0.77 miles
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The Halle School of Inquiry
0.78 miles
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Apple of My Eye Child Care Center
0.46 miles
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Little Footsteps
0.59 miles
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Little Footsteps
0.81 miles
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The Magical World Child Care and Learning Center
0.84 miles
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The Children's Palace Learning Center
1.09 miles
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Tiny Heroes Childcare
1.16 miles
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Almira Early Learning Center
1.43 miles
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A Step Above Childcare
1.46 miles
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Kiddie Kastle Child Care
1.71 miles
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Heart to Heart Enrichment Center
1.94 miles
Frequently Asked Questions
What is the lease rate for SELLER FINANCING AVAILABLE! THE GORDON SQUARE WESTSIDE APARTMENTS IN CLEVELAND, OH!?
Rental asking rate at SELLER FINANCING AVAILABLE! THE GORDON SQUARE WESTSIDE APARTMENTS IN CLEVELAND, OH! is $515,000.00/YR.
What is the total square footage of SELLER FINANCING AVAILABLE! THE GORDON SQUARE WESTSIDE APARTMENTS IN CLEVELAND, OH!?
SELLER FINANCING AVAILABLE! THE GORDON SQUARE WESTSIDE APARTMENTS IN CLEVELAND, OH! totals 9,375 square feet.
When was this property built?
SELLER FINANCING AVAILABLE! THE GORDON SQUARE WESTSIDE APARTMENTS IN CLEVELAND, OH! was built in 1912.
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