Commercial Real Estate for Sale at 932 Wheelock Road in Cleveland, OH for $189,900

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932 Wheelock Road | Cleveland

$189,900 | 0.0 Sq. Ft.

Exceptional investment opportunity in Cleveland\u0027s growing Glenville neighborhood! This all-brick 6-unit apartment building offers investors the chance to generate significant cash flow with a projected rental potential of approximately $1,200 per unit per month. The property features spacious apartment units, many with vinyl replacement windows, while some kitchens and bathrooms appear to have been updated, providing added appeal for future tenants. Each unit is served by its own forced-air furnace, offering individual heating systems and added convenience for property management.\r\n\r\nThe solid brick construction provides durability and long-term value for any investor\u0027s portfolio. Conveniently located just minutes from the world-renowned Cleveland Clinic, Case Western Reserve University, and the cultural and educational amenities of University Circle, this property is ideally positioned to attract tenants seeking proximity to healthcare, education, and major employment centers.\r\n\r\nWhether you\u0027re looking to expand your portfolio or acquire a value-add multifamily asset with strong income potential, this 6-unit building presents an outstanding opportunity. With potential gross rental income approaching $7,200 per month at market rents, the numbers make this property worthy of consideration. Sold as-is. MLSNow 5215295 Directions to property: South off St clair

MLS Listing ID: 
MLSNow 5215295
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$189,900
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Property Sub Type: 
Apartment
Primary Market Area: 
Cleveland
Address: 
932 Wheelock Road, Cleveland, OH 44103
County: 
Cuyahoga
Latitude: 
41.5296670
Longitude: 
-81.6302670
Directions: 
South off St clair
Public Remarks: 
Exceptional investment opportunity in Cleveland\u0027s growing Glenville neighborhood! This all-brick 6-unit apartment building offers investors the chance to generate significant cash flow with a projected rental potential of approximately $1,200 per unit per month. The property features spacious apartment units, many with vinyl replacement windows, while some kitchens and bathrooms appear to have been updated, providing added appeal for future tenants. Each unit is served by its own forced-air furnace, offering individual heating systems and added convenience for property management.\r\n\r\nThe solid brick construction provides durability and long-term value for any investor\u0027s portfolio. Conveniently located just minutes from the world-renowned Cleveland Clinic, Case Western Reserve University, and the cultural and educational amenities of University Circle, this property is ideally positioned to attract tenants seeking proximity to healthcare, education, and major employment centers.\r\n\r\nWhether you\u0027re looking to expand your portfolio or acquire a value-add multifamily asset with strong income potential, this 6-unit building presents an outstanding opportunity. With potential gross rental income approaching $7,200 per month at market rents, the numbers make this property worthy of consideration. Sold as-is.
Community Information
School District: 
Cleveland Municipal - 1809
Subdivision: 
Zenas Kings
Building Details
Details about the building on a property.
Stories: 
2
Year Built: 
1913
Living Area: 
0.0
Basement: 
Full,Unfinished
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
Lot Features
Parking Type: 
On Street
Public Record
Parcel Number: 
107-03-001
Annual Tax: 
$3,594.00
Contract Details
Details about the listing contract.
Possession: 
Delivery Of Deed
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
Century 21 Homestar

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