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Listed by Joan Elflein of Ohio Broker Direct (614-989-7215 joan@ohiobrokerdirect.com)
Welcome to 11809 Union Ave in Cleveland OH. This is a 6 unit building (4 renovated apartments and 2 storefronts). Each apartment has beenĀ renovated within the last two years and haveĀ beenĀ fully occupied with tenants paying between $750 and $850 per month. The roof was refinished in 2022. Each unit has its own hot water tank and furnace; new as well. The two store frontsĀ have been gutted and are under renovation, therefore prospective buyers can view these areas during a showing / walkthrough. This is a strong cash flowing asset with upside when consideringĀ current market rents and the underutilized storefronts. The location is also in a neighborhood ripe with opportunity. The owner will consider all offers, but it is important to note that given this is a commercial property, prospective buyers seeking to use leverage would need to acquire a commercial loan vs residential.Ā  Seller will prioritize cash buyers and those with the capability to close fast. Set up a showing today!

Property Details of 11809 Union Avenue

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Based on information submitted to MLS Now as of December 9, 2024 9:56 PM EST . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. Listing information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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