7601 Union Avenue, Cleveland, OH 44105

$59,900

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List Price
$59,900
Status
ACTIVE
MLS#
5213591
Year Built
1920
Region
Cleveland
Township
Cleveland
Subdivision / Building
Morgan

Property Description

Mixed-use investment opportunity in Cleveland’s 44105 area! 7601 Union Ave features a retail/commercial storefront on the first level with two residential apartment units above, offering strong income-producing potential for investors looking for a value-add opportunity. The upper units include a 1-bedroom studio apartment and a spacious 2-bedroom apartment, creating multiple streams of rental income from one property. The property has experienced water damage due to a burst pipe during the winter and will require repairs and renovation, making it ideal for investors, contractors, or buyers looking for a rehab project with upside potential. Conveniently located near major roadways, public transportation, and local businesses, this property offers excellent potential for a fix-and-hold or redevelopment strategy. Opportunities like this are perfect for investors looking to expand their portfolio and build long-term cash flow in Cleveland’s growing investment market.

Additional Information

Taxes
$1,025
Acres
0.10
Sewer
Public Sewer
Water
Public
Heating
Forced Air, Hot Water, Steam
School District
Cleveland Municipal - 1809

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Listing Courtesy of: Kquawan Brown, kquawanbrown@kw.com With Keller Williams Greater Metropolitan

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