2812 130Th StCleveland, OH 44120

For Sale
$1,299,000

21-Unit Apartment Building, High Potential

Overview

Added:
Feb 3
Days on market:
37
This exceptional investment opportunity presents a 21-unit apartment building situated at 2812 E 130th Street in Cleveland, Ohio. The property sits on a 0.16-acre lot and is offered at $1,299,000. The building comprises a mix of one-bedroom apartments and efficiency units, each with one bathroom. While the units require some updating and cosmetic improvements, this presents a significant value-add opportunity for a savvy investor. The property's location offers convenient access to Shaker Square, a vibrant neighborhood known for its amenities and attractions. Public transportation and ample shopping options are also readily available nearby. This "as-is" sale allows for creative renovation and repositioning strategies to maximize rental income and property value. The building's current condition offers a blank canvas for an investor to implement their vision and create a profitable multifamily portfolio asset. The property's potential for significant return on investment is undeniable, making it an attractive proposition for those seeking to enter or expand their holdings in the Cleveland real estate market. All reasonable offers will be considered. Don't miss this chance to acquire a substantial multifamily property in a desirable location.

Property Details for 2812 130Th St

Property type
Residential income properties, Multifamily properties
Year Built
1956
Lot Size (sq. ft)
6,970 SF

Location Insight

City
Cleveland
County
Cuyahoga
State
Ohio
Latitude
41.48168
Longitude
-81.59213
2812 130Th St, Cleveland, Ohio

FAQs

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2812 130Th St
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