Tanya Devine

18621 Saint Clair Avenue
Cleveland, OH 44110

$1,900,000

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Listing Details

  • $1,900,000
  • MLS# 5201618
  • Type Commercial - Business
  • Status Active
  • 0.545 acres
    Lot Size
  • 1927
    Year Built
  • Cleveland Municipal - 1809
    Local Schools

Home Value Estimate


Description

Exceptional investment opportunity in the heart of Cleveland! This mixed-use 17-unit property offers immediate cash flow with substantial upside potential. Currently generating approximately $36,000 per month ($432,000 annually) while operating at only 65% occupancy, this asset presents a rare value-add opportunity for investors looking to increase returns through lease-up, updates, and operational optimization. The property features a strong mix of residential and commercial space, including a fully operational laundromat business that is included in the sale?providing an additional, stable income stream for the next owner. With significant...read more

Features

  • Central Air
  • Forced Air
  • $13,952 / year Taxes
  • Public
  • Built in 1927

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