Property Description
A rare opportunity to acquire a fully occupied, stabilized 6-unit townhome apartment building on Cleveland's West Side, offering investors both immediate cash flow and clear upside. All six units are spacious 3-bedroom, 2 level layouts with exposed brick features throughout. Currently renting between $1,300-$1,350/month, for total scheduled rent of $8,000/month ($96,000 annualized). Utilities are efficiently structured, with tenants responsible for separately metered electric and gas, while ownership covers water, sewer, and trash. Each unit features forced-air heating and in-unit laundry, and the majority are equipped with central air. Offered at $749,900, this asset combines 100% occupancy, long-term tenancy, and dependable in-place income with identifiable rent-growth potential - all in a location that's walkable to Tremont and offers an easy commute to MetroHealth. Agent Owned. Lead safe certified.
Property Features
Property Type: Commercial - Business
Basement: Yes
Basement: Unfinished
Cooling: Central Air, Window Unit(s)
Days on Market: 30
Heating: Forced Air
Lot Size: 0.31 Acres
Taxes: $21,625 / year
Year Built: 1920
Feature Descriptions
Parcel#: 008-01-152
Parking: Gravel
Sewer: Public Sewer
Water: Public
Local Schools
School District: Cleveland Municipal - 1809
2014 Seymour Avenue | MLS# 5245490
This commercial property located at 2014 Seymour Avenue, Cleveland, OH 44113 is currently listed for sale with an asking price of $724,900. Seymour Avenue is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.kaszycarealestate.com today.