OH > Cleveland > Brooks
Cleveland, OH 44104,2661 Grand AVE
Cleveland, OH 44104,2661 Grand AVE
Cleveland, OH 44104,2661 Grand AVE
Cleveland, OH 44104,2661 Grand AVE
Cleveland, OH 44104,2661 Grand AVE
Cleveland, OH 44104,2661 Grand AVE
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Ryan Wanner

Ryan Wanner

+1(330) 224-3548
$ 329,900
Est. payment | /mo

9 Beds

6 Baths

6,250 Sqft Lot

Save
$ 329,900
Est. payment | /mo
Save

9 Beds

6 Baths

6,250 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision Brooks

MLS Listing ID 5080255

Bedrooms 9

Full Baths 4

Half Baths 2

HOA Y/N No

Year Built 1890

Annual Tax Amount $2,339

Tax Year 2023

Lot Size 6,250 Sqft

Acres 0.1435

Property Description

Investment Opportunity in Cleveland's New "Opportunity Corridor" - $330M Redevelopment! Seize this ground-floor investment in Cleveland's newly emerging "Opportunity Corridor" with a fully updated/lead-certified, mixed-use turnkey project. Featuring two well-cared-for, remodeled buildings that reflect beautiful workmanship and pride of ownership, this property offers immense potential. Building #1 includes vacant retail/storefront/office/warehouse space (the current owner is interested in leasing), along with three remodeled apartments. Two 1-bedroom units are rented for $700/month each, and one spacious 3-bedroom unit, just remodeled, is ready to rent for $1,250-$1,400/month (perfect for Section 8). There's room to increase rents, and this building also boasts a full basement, 5 bedrooms, 2 full/2 half baths, and ample parking. Building #2 is a beautiful 4-bedroom, 1.5-bath home, nicely remodeled/currently rented through Section 8 for $1,250/month, with an approved increase to $1,425. With ample parking, potential for billboard advertising, and turnkey professional management available, this is your chance to get in on Cleveland's fast-developing area before prices rise. Out-of-state investors are encouraged to research Cleveland's Opportunity Corridor project and see the potential this prime investment offers!

Location

State OH

County Cuyahoga

Rooms

Basement Full

Interior

Heating Forced Air

Cooling None

Fireplace No

Exterior

Garage Off Street, Paved

Waterfront No

Water Access Desc Public

Roof Type Asphalt,Fiberglass

Private Pool No

Building

Story 2

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 126-22-008

Listed by Christopher A Frederick • Coldwell Banker Schmidt Realty • thefrederickteam@gmail.com 216-210-7653
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"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(330) 224-3548

ryan@wannergroup.com

4758 Dressler Rd, Canton, OH, 44718, Unite States

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2661 Grand AVE