11831 Union AveCleveland, OH 44105

This exceptional investment opportunity presents a charming two-story, four-unit apartment building located at 11831 Union Ave, Cleveland, Ohio, 44105. The property, built in 1910, boasts a total of 6,660 square feet situated on a 0.198-acre lot (APN 13020016). Currently classified as a Class C multifamily property, this building presents significant potential for renovation and increased profitability. The property features two street-level storefronts, in addition to the four residential units, offering diverse income streams. The permitted zoning is 2F-B1. This presents a unique chance to acquire a multifamily property in a desirable Cleveland location at an attractive asking price of $55,000. The building's age and current condition suggest a significant opportunity for value appreciation through strategic improvements and modernization. With its prime location and substantial square footage, this property is ideal for investors seeking a hands-on project with considerable upside. The property's four units provide immediate rental income, while the two storefronts offer additional revenue potential. This is a rare chance to acquire a multifamily property in a growing area of Cleveland at a price point that makes it an attractive investment.