16004 Euclid Avenue, Cleveland, OH 44112
- $224,900
- List Price
- $224,900
- Status
- ACTIVE
- MLS#
- 5230131
- Year Built
- 1962
- Region
- East Cleveland
- Township
- East Cleveland
- Subdivision / Building
- Euclid
Property Description
Exceptional value-add opportunity for experienced investors and developers. This 39-unit apartment building at 16014 Euclid Avenue offers significant upside for those seeking a full-scale rehabilitation project. The property is in distressed condition, with nearly every unit requiring substantial renovation and modernization, making it ideal for a complete repositioning. With the potential to renovate units, improve common areas, and implement professional management, this asset presents the opportunity to create long-term value and increase income potential. Property is being sold as-is, and buyers should conduct their own due diligence regarding condition, zoning, and redevelopment opportunities. A rare chance to transform a large multifamily property into a strong-performing investment.
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Additional Information
- Taxes
- $21,783
- Acres
- 0.81
- Sewer
- Public Sewer
- Water
- Public
- Heating
- Hot Water, Steam
- School District
- East Cleveland CSD - 1812
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Listing Courtesy of: Ron Dahlhofer, Ron@woodlakeRE.com With Woodlake Realty LLC
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