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$250,000
78 Days On Site

562 E 140th Street
Cleveland, OH 44110

For Sale|Apartment|Pending
0
Beds
0
Full Baths
0
Partial Baths

SqFt

/SqFt
1920
Built
Subdivision:
Henry C Wick
County:
Cuyahoga
Call Now: 440-617-2500
Is this the home for you? We can help make it yours.
440-617-2500
562 E 140th Street562 E 140th Street562 E 140th Street562 E 140th Street
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Located in a highly accessible area of Cleveland, just off Waterloo Rd and E 152nd St, this multifamily property presents an exceptional value-add investment opportunity. Conveniently positioned right off I-90, this 6-unit building with 2 one-bedroom units and 4 two-bedroom units makes it an attractive option for investors seeking to enhance rental income and property value. Currently, 4 of the 6 units are renovated and generating steady income, while the remaining 2 units require a full renovation, offering significant upside potential. In addition to the potential rental income from the rehabed units, there is a further opportunity to increase revenue by installing laundry facilities in the basement. Recent upgrades of the stabilized units include: Fresh paint, new carpet throughout, tubs reglazed, updated plumbing, all new electrical panels, each unit CMHA approved and inspected (3 tenants are CMHA). Listing agent has an ower interest in property

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Listing Snapshot
Price 
$250,000
Days On Site 
78 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.11 Acres
Year Built 
1920
MLS® Number 
5068280
Status 
Pending
Property Tax 
$10,523.11
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoStatus changed to Pending
a month agoListing updated with changes from the MLS®
2 months agoPrice changed to $250,000
3 months agoListing first seen on site
General Features
Acres 
0.11
Property Sub Type 
Apartment
Sewer 
Public Sewer
Special Circumstances 
Standard
Water Source 
Public
Zoning 
Commercial
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Exterior Features
Roof 
Flat
Community Features
School District 
Cleveland Municipal - 1809
Township 
Cleveland
Schools
School District
Cleveland Municipal - 1809
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Lovie Hogan of EXP Realty, LLC.



The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged. Information Deemed Reliable But Not Guaranteed. Copyright 2024 - Multiple Listing Service, Inc. – All Rights Reserved.

Neighborhood & Commute
Source: Walkscore
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