Cleveland, OH 44127,3250 E 49th ST
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Cleveland, OH 44127,3250 E 49th ST
Cleveland, OH 44127,3250 E 49th ST
Cleveland, OH 44127,3250 E 49th ST
Cleveland, OH 44127,3250 E 49th ST
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Luke O'Neill & Jim O'Neil

Luke O'Neill & Jim O'Neil

+1(330) 414-2305
$ 595,000
Est. payment /mo
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Active

3250 E 49th ST Cleveland, OH 44127

10,650 Sqft Lot


UPDATED:

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision Original One Hundred Acre

MLS Listing ID 5103335

HOA Y/N No

Year Built 1963

Annual Tax Amount $9,438

Tax Year 2023

Lot Size 10,650 Sqft

Acres 0.2445

Property Sub-Type Apartment

Property Description

Prime Investment Opportunity – 12-Unit Brick Apartment Building in Historic Slavic Village, Cleveland.

Seize this exceptional investment opportunity in this solid three-story, all-brick 12-unit apartment building features (10) one-bedroom and (2) two-bedroom apartments in historic Slavic Village, Cleveland. 10 of 12 units have been renovated within the last 18 months. Seller purchased, vacated the majority of the building, completing approximately $200k in repairs, turns and updates in 2023 & 2024 and is ready to hand it to it's new owner. Current ownership engaged professional management services, helping to stabilize the building. Management co is happy to continue. The building is compliant with City of Cleveland requirements in rental registration and lead safety. Location is ideal - minutes from Downtown Cleveland, with easy access to public transportation, nearby other affordable housing opportunities, and in close proximity to the Slavic Village Redevelopment project. Both on and off street parking options are available. Tenants pay electric, owner pays water/sewer/trash/gas/common areas electric. With a strong rental demand and a professionally managed operation, this property is positioned for long-term cash flow and appreciation. Do

Location

State OH

County Cuyahoga

Interior

Heating Gas, Hot Water, Steam

Fireplace No

Exterior

Parking Features Asphalt, Off Street, On Street

Water Access Desc Public

Roof Type Flat

Building

Sewer Public Sewer

Water Public

Level or Stories Three Or More

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 131-19-082


Listed by Mark E Miller • Century 21 Carolyn Riley RL. Est. Srvcs, Inc. • 330-867-4266 crr.realestate@gmail.com
agent

Luke O'Neill & Jim O'Neil

Co-Owners - Elite Sales Team

+1(330) 414-2305

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3250 E 49th ST