Commercial Real Estate for Sale at 976 E 70th Street in Cleveland, OH for $399,900

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976 E 70th Street | Cleveland

$399,900 | 0.0 Sq. Ft.

Excellent As-Is investment opportunity! This well-maintained and updated 8-unit brick building offers a rare value-add play in the St. Clair-Superior neighborhood. The property is currently fully vacant, giving an investor a clean slate to renovate, reposition, and lease all units at full market rents. Recent updates in some of the units include fresh flooring and upgraded heating systems, providing a strong head start on the interior work. Based on comparable rents in the area, this property has the potential to gross over $7,000/month once fully leased. Conveniently located near shops, restaurants, and public transportation highly desirable for\u200B\u200B\u200C\u200B\u200B\u200B\u200B\u200C\u200B\u200B\u200C\u200C\u200B\u200C\u200C\u200C\u200B\u200C\u200B\u200B\u200B\u200C\u200B\u200B\u200B\u200B\u200C\u200C\u200B\u200B\u200B\u200B renters. MLSNow 5239737 Directions to property: Located on the West side of E 70th St

MLS Listing ID: 
MLSNow 5239737
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$399,900
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Property Sub Type: 
Apartment
Primary Market Area: 
Cleveland
Address: 
976 E 70th Street, Cleveland, OH 44103
County: 
Cuyahoga
Latitude: 
41.5277600
Longitude: 
-81.6407590
Directions: 
Located on the West side of E 70th St
Public Remarks: 
Excellent As-Is investment opportunity! This well-maintained and updated 8-unit brick building offers a rare value-add play in the St. Clair-Superior neighborhood. The property is currently fully vacant, giving an investor a clean slate to renovate, reposition, and lease all units at full market rents. Recent updates in some of the units include fresh flooring and upgraded heating systems, providing a strong head start on the interior work. Based on comparable rents in the area, this property has the potential to gross over $7,000/month once fully leased. Conveniently located near shops, restaurants, and public transportation highly desirable for\u200B\u200B\u200C\u200B\u200B\u200B\u200B\u200C\u200B\u200B\u200C\u200C\u200B\u200C\u200C\u200C\u200B\u200C\u200B\u200B\u200B\u200C\u200B\u200B\u200B\u200B\u200C\u200C\u200B\u200B\u200B\u200B renters.
Community Information
School District: 
Cleveland Municipal - 1809
Subdivision: 
Hoyt
Building Details
Details about the building on a property.
Stories: 
4
Year Built: 
1920
Living Area: 
0.0
Basement: 
None
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Forced Air
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.11
Lot Size (Area): 
0.11
Lot Features
Parking Type: 
Parking Lot
Public Record
Parcel Number: 
105-14-047
Annual Tax: 
$2,599.00
Contract Details
Details about the listing contract.
Possession: 
Delivery Of Deed
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
Lokal Real Estate, LLC.

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