Alyssa Wallace
REALTOR®
MLS#5196528
STATUSActive
PROPERTY TYPECommercial - Business
SUBDIVISIONFish Heirs
SCHOOLCleveland Municipal - 1809
Property Description
Turnkey 6-unit investment opportunity in a prime Cleveland location?fully renovated, fully occupied, and ready to generate immediate cash flow from day one. This property has been extensively updated from top to bottom, offering true peace of mind for the next owner. Major capital improvements include new furnaces, hot water tanks, roof, gutters, siding, and porches, along with fully updated units throughout. There is nothing left to do?this is as close to a 'plug and play asset as it gets. All six units are currently leased, producing strong and consistent rental income, making this an ideal opportunity for both seasoned investors and those looking to add a stabilized asset to their portfolio. Located in a desirable and high-demand rental area of Cleveland, this property offers both immediate returns and long-term upside potential. Whether you're looking to expand your portfolio or secure a solid, income-producing property?this one checks every box.
Property Features
Property Type: Commercial - Business
Basement: Unfinished
Basement: Yes
Heating: Forced Air
Lot Size: 0.24 Acres
Taxes: $10,702 / year
Year Built: 1920
Feature Descriptions
Days on Site: 1
Parcel#: 015-18-135
Sewer: Public Sewer
Water: Public
Local Schools
School District: Cleveland Municipal - 1809
Listed By / Shown By
Listed By
Agency Name: Lokal Real Estate, LLC.
Agency Contact: 216-252-6580, marketing@lokalrealestate.com
Shown By
Agent Name: Alyssa Wallace
Agent Phone: (330) 880-3882
Agency Title: DeHOFF REALTORS
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3812 Mapledale Avenue | MLS# 5196528
This commercial property located at 3812 Mapledale Avenue, Cleveland, OH 44109 is currently listed for sale with an asking price of $650,000. Mapledale Avenue is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on abrady.dehoff.com today.