Value-add 6-unit multifamily opportunity at 3734 E 149th St, Cleveland. The building has five 2-bed/1-bath units and one 1-bed/1-bath unit. The renovation is not complete, and the property is priced at a discount to reflect the work remaining. CMHA rents for the 2-bedroom units are $1,209 per unit, or up to $7,045 per month poteintal. Finish the remaining work, lease up, and capture the upside. Sold strictly AS-IS, with no repairs, credits, or warranties from the seller. Cash or rehab-friendly financing only. Buyer to verify all information, including rents, scope, permits, and code compliance. Great fit for an investor or contractor looking for instant equity and a stabilized cash-flow play once complete. New Windows, cabinets, countertops, and tile work. All permits and plans are available. Seller is moving into a larger venture.
Property Information
Address3734 149th Street
CityCleveland
StateOH
Zip Code44120
Price$149,000
Property TypeCommercial Sale
Listing TypeApartment
Location
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