Cleveland - Beach Property For Sale #6943718

Excellent investment opportunity! This well-maintained and updated 8-unit brick building offers both stability and upside potential in the St. Clair-Superior neighborhood. Four units are currently occupied($930)($1,000)($950)($900), providing immediate rental income, while four units are vacant and ready to be leased at market rates. The recent updates include fresh flooring, new carpets, and upgraded heating systems, creating a warm and inviting living environment for tenants. This property has the potential to gross over $7,000 once the units are occupied. The property is conveniently located near shops, restaurants, and public transportation, making it highly desirable for renters. See rent roll and inspection report for details. Please note that the NOI is projected and it is currently 50% occupied.