Active

1814 Stanwood Road

East Cleveland OH, 44112

$289,000


$15.40 per sqft

Active

18,772 sqft

Commercial

Built in 1925

Welcome to the opportunity of a lifetime! Nestled in the heart of East Cleveland, Ohio, this 21-unit property is situated right on Stanwood Rd and offers an incredible investment opportunity. Whether you're looking to build a profitable rental business or a complete rehab project, this properties has it all. With its close proximity to Shaw High School, Superior Elementary School and the renowned Cleveland Clinic, the second-best hospital in the nation, this is the perfect spot to get your project started. Take advantage of this incredible opportunity while you can, as properties like this don't come around every day. Don't miss out-- This property is now available. The property is currently vacant and needs a total rehab the property has already been cleaned out and completely gutted. Buyers are responsible to do their own due diligence on repair cost. 21 Unit Apartment Building -$289k SPECS: BEDROOM: 21 BATHROOM: 21 FIREPLACES: 21 SQ FT: 18,772 LOT SQ FT: 6,390 BUILT 1925 EST. RENT: $850-$950/MONTHLY

5014019

MLS ID

January 29, 2024

Listed

May 9, 2024

Updated

Map

1814 Stanwood Road
East Cleveland OH, 44112

Interior Features

Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Hot Water, Steam

Exterior/Building Features

Lot Size

0.15 Acres


Sewer

Public Sewer

School Information

School District

East Cleveland CSD - 1812

Other Property Details

Taxes

$2,340


Tax Frequency

Annually


Days on Market

22


Garage

No


View

No


County

Cuyahoga


Municipality

East Cleveland


Water Source

Public


Pool

No


Buyer Agency Compensation

2%

 

Courtesy of The Sweda Group, LLC.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Katherine Jennings shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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