Commercial Real Estate for Sale at 3425 E 128th Street in Cleveland, OH for $299,900

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3425 E 128th Street | Cleveland

$299,900 | 0.0 Sq. Ft.

8 2bed apts 2 1bed apts.One of the last few solid brick buildings left on great street opposite a church and next to two vacant lots on the plus side new sidewalk, all bricks are almost perfect, building is solid doors close with no adjusting, roof has been repaired, 100 new windows have been installed, electric and security cameras are on property. On the negative, property need big clean out and full rehab, most walls are plaster so those need scraping and painting but a few exterior back walls need to be reframed most floors are great wood and very nice, but water damage from repaired roof still need to be repaired beyond that the property needs everything, electric work, full plumbing, some carpentry, 10 kitchens 10 baths we assume 175k to 250k in rehab depending on finishings Can easily see this property grossing over 120k a year. 2 vacant lots next door are owned by the city and prime for acquisition by city side lot program. Easy show and sell. Sorry principals only!! no wholesalers. One of the owners of the owning LLC is related to listing broker. MLSNow 5163886 Directions to property: Kinsman Rd south to E 128th

MLS Listing ID: 
MLSNow 5163886
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$299,900
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Property Sub Type: 
Apartment
Primary Market Area: 
Cleveland
Address: 
3425 E 128th Street, Cleveland, OH 44120
County: 
Cuyahoga
Latitude: 
41.4653780
Longitude: 
-81.5931350
Directions: 
Kinsman Rd south to E 128th
Public Remarks: 
8 2bed apts 2 1bed apts.One of the last few solid brick buildings left on great street opposite a church and next to two vacant lots on the plus side new sidewalk, all bricks are almost perfect, building is solid doors close with no adjusting, roof has been repaired, 100 new windows have been installed, electric and security cameras are on property. On the negative, property need big clean out and full rehab, most walls are plaster so those need scraping and painting but a few exterior back walls need to be reframed most floors are great wood and very nice, but water damage from repaired roof still need to be repaired beyond that the property needs everything, electric work, full plumbing, some carpentry, 10 kitchens 10 baths we assume 175k to 250k in rehab depending on finishings Can easily see this property grossing over 120k a year. 2 vacant lots next door are owned by the city and prime for acquisition by city side lot program. Easy show and sell. Sorry principals only!! no wholesalers. One of the owners of the owning LLC is related to listing broker.
Community Information
School District: 
Cleveland Municipal - 1809
Subdivision: 
Kelly
Building Details
Details about the building on a property.
Year Built: 
1925
Living Area: 
0.0
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Forced Air
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.11
Lot Size (Area): 
0.11
Public Record
Parcel Number: 
130-23-078
Annual Tax: 
$5,000.00
Contract Details
Details about the listing contract.
Possession: 
Delivery Of Deed
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
Friendly Home Realty, Inc.

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