Property Description
Unlock the potential with this standout Cleveland investment opportunity! This all-brick eight-unit property offers immediate income with Four units currently rented, while several vacant units need a small rent-ready to position back for quick occupancy. The remaining vacant units provide the perfect opportunity to reposition, renovate, and build additional value. Featuring spacious two and three-bedroom, one-bath layouts, this property is ideal for investors seeking a mix of existing cash flow and upside potential. Whether you're looking to expand your portfolio or take on a value-add project with strong long-term returns, this multi-family asset offers flexibility and opportunity in one package. Don't miss your chance to maximize income and create equity through strategic improvements!
Property Features
Property Type: Commercial - Business
Basement: Yes
Basement: Full
Cooling: None
Days on Market: 1
Heating: Hot Water, Steam
Lot Size: 0.26 Acres
Roof Type: Composition, Flat
Stories: 2.0
Taxes: $11,514 / year
Year Built: 1920
Feature Descriptions
Fencing: Brick, Masonry
Parcel#: 109-20-048
Parking: No Garage, Parking Lot
Sewer: Public Sewer
Water: Public
Local Schools
School District: Cleveland Municipal - 1809
975 Parkwood Drive | MLS# 5237406
This commercial property located at 975 Parkwood Drive, Cleveland, OH 44108 is currently listed for sale with an asking price of $355,000. Parkwood Drive is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.kaszycarealestate.com today.