MLS#5171179
STATUSPending
PROPERTY TYPECommercial - Business
SUBDIVISIONMiles Heights Allotment
SCHOOLCleveland Municipal - 1809
Property Description
Rare opportunity to acquire a 5-property, 7-unit investment portfolio with strong rental upside and a mix of occupied and value-add units. This portfolio once stabilized is set up to bring in over $100,000 per year in gross income! Truly a perfect opportunity for a new or seasoned investor looking for a prime value-add opportunity. The package includes 2798 E 120th, featuring two homes on one lot, with the front unit currently rented for $1,227 (Section 8). 11301 Nelson which is a solid duplex, with the 3BD/1BA unit rented for $795 and the 2BD/1BA unit rented for $735. 4412 E 156th is a 3BD/1BA single-family home delivered vacant, ready for a quick unit turn. Rounding out the portfolio is 9423 Benham, a duplex with 3BD/1BA and 2BD/1BA units, both vacant and primed for value-add improvements. This portfolio provides a balanced mix of cash-flowing units and redevelopment potential - ideal for investors seeking scale, stability, and future upside.
Property Features
Property Type: Commercial - Business
Heating: Forced Air
Lot Size: 0.43 Acres
Taxes: $5,182 / year
Year Built: 1952
Feature Descriptions
Days on Site: 167
Parcel#: 142-13-068
Sewer: Public Sewer
Water: Public
Local Schools
School District: Cleveland Municipal - 1809
Listed By / Shown By
Listed By
Agency Name: Russell Real Estate Services
Agency Contact: tal@premierclevelandinvesting.com, 216-870-8687
Shown By
Agency Title: Key Realty
Agency Phone: 877-539-7589
4412 E 156th Street | MLS# 5171179
This commercial property located at 4412 E 156th Street, Cleveland, OH 44128 is currently listed for sale with an asking price of $430,000. E 156th Street is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.ikeyrealty.com today.