Listed By
Agency Name: Woodlake Realty LLC
Agency Contact: 440-367-8047, Ron@woodlakeRE.com
Shown By
Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575
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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.
Property Features
Property Type: Commercial - Business
Days on Market: 11
Heating: Hot Water, Steam
Lot Size: 0.81 Acres
Taxes: $21,783 / year
Year Built: 1962
Feature Descriptions
Parcel#: 673-12-004
Sewer: Public Sewer
Water: Public
Local Schools
School District: East Cleveland City
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16004 Euclid Avenue | MLS# 5230131
This commercial property located at 16004 Euclid Avenue, Cleveland, OH 44112 is currently listed for sale with an asking price of $224,900. Euclid Avenue is located within the East Cleveland City school district. Search Cleveland real estate on www.hawksnestcrossing.com today.