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Property Description

Investment Opportunity in Cleveland’s New “Opportunity Corridor” – $330M Redevelopment! Seize this ground-floor investment in Cleveland’s newly emerging “Opportunity Corridor” with a fully updated/lead-certified, mixed-use turnkey project. Featuring two well-cared-for, remodeled buildings that reflect beautiful workmanship and pride of ownership, this property offers immense potential. Building #1 includes vacant retail/storefront/office/warehouse space (the current owner is interested in leasing), along with three remodeled apartments. Two 1-bedroom units are rented for $700/month each, and one spacious 3-bedroom unit, just remodeled, is ready to rent for $1,250-$1,400/month (perfect for Section 8). There’s room to increase rents, and this building also boasts a full basement, 5 bedrooms, 2 full/2 half baths, and ample parking. Building #2 is a beautiful 4-bedroom, 1.5-bath home, nicely remodeled/currently rented through Section 8 for $1,250/month, with an approved increase to $1,425. With ample parking, potential for billboard advertising, and turnkey professional management available, this is your chance to get in on Cleveland’s fast-developing area before prices rise. Out-of-state investors are encouraged to research Cleveland’s Opportunity Corridor project and see the potential this prime investment offers!

Features
: Forced Air
: No
: Off Street, Paved
: Asphalt, Fiberglass
: Public Sewer
Address Map
OH
Cuyahoga
Cleveland
44104
Grand
2661
Avenue
W82° 22' 24.5''
N41° 29' 11''
Off Grand
Property Details
Coldwell Banker Schmidt Realty
Christopher A Frederick
Partially Finished,sump Pump
426983
2787
126-22-008
2
2
: Vinyl Siding, Brick
: Public
2023
272119
24/10/2024 15:54:30
No
No
No
No

2661 Grand Avenue, Cleveland, Ohio 44104

Residential Income For Sale

9 Bedrooms
6 Bathrooms
0.14 Acre
$329,900
Listing ID #5080255
Basic Details
Property Type : Residential Income
Property Sub Type : Quadruplex
Levels : Two
Listing Type : For Sale
Listing ID : 5080255
Price : $329,900
Bedrooms : 9
Bathrooms : 6
Half Bathrooms : 2
Year Built : 1890
Lot Area : 0.14 Acre
Status : Active
Subdivision Location : Brooks
Agent info
Berkshire Hathaway HomeServices Professional Realty
7466 Auburn Road Suite A, Concord, Ohio 44077
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