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Listed price in listed location currency (USD).
$175,000

440

MLS® 5222640

Overview

Key Facts

Type Quadruplex
Levels Residential Income
Size 6000 sqft
Garage 
Taxes $3,047
Days Active 0
Lot Size 0.1043 Acres
Approx. Age 1928
Avg. Price Per Sqft $29
MLS® Number 5222640

Property Address: 14912 Alder Ave, East Cleveland, OH, 44112-2649

Average square foot calculated using Size range provided by listing agent.

Description

Don't miss this outstanding multifamily investment opportunity to add to your portfolio! This solid brick four-unit apartment building offers approximately 6, 000 square feet total, with approximately 3, 000 square feet of living space across four one-bedroom, one-bathroom apartments. Whether you are a seasoned investor looking to expand your portfolio or a savvy buyer ready to live in one unit while the other three help cover your mortgage, this flexible layout works for both strategies. The big-ticket items are already taken care of newer roof, newer windows, newer furnaces, newer hot water tanks, and a waterproofed full basement mean you are stepping into a property with the heavy lifting already done. Interiors offer excellent value-add potential through cosmetic updates. Select flooring and improvement materials will convey with the property to give you a head start on enhancements. Conveniently located with easy access to Downtown Cleveland, University Circle, major healthcare employers, shopping, public transportation, and key commuter routes. As an added opportunity, the neighboring adjacent parcel is also available for purchase separately, offering buyers the potential to expand their footprint and flexibility for future use, subject to local zoning and applicable requirements. Buyer is encouraged to perform their own due diligence and independently confirm the accuracy of all information provided, including but not limited to square footage, property conditions, improvement details, and zoning matters pertaining to the adjacent parcel.
MLS® Number5222640
Laundry LevelLower
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1928
BasementCommon Basement, Full
DrivewayDriveway
Garage Spaces
HeatForced Air
A/CNone

Extras

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