2014 Seymour Avenue, Cleveland, OH 44113

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List Price
$749,000
Status
ACTIVE
Days on Market
2
MLS#
5245490
Subtype
Commercial Sale
Year Built
1920
Acres
0.31
Subdivision
Grahams Allotment
Neighborhood
Grahams Allotment
MLS Area Major
Cleveland

Property Description

A rare opportunity to acquire a fully occupied, stabilized 6-unit townhome apartment building on Cleveland's West Side, offering investors both immediate cash flow and clear upside. All six units are spacious 3-bedroom, 2 level layouts with exposed brick features throughout. Currently renting between $1,300–$1,350/month, for total scheduled rent of $8,000/month ($96,000 annualized). Utilities are efficiently structured, with tenants responsible for separately metered electric and gas, while ownership covers water, sewer, and trash. Each unit features forced-air heating and in-unit laundry, and the majority are equipped with central air. Offered at $749,900, this asset combines 100% occupancy, long-term tenancy, and dependable in-place income with identifiable rent-growth potential — all in a location that's walkable to Tremont and offers an easy commute to MetroHealth. Agent Owned. Lead safe certified.

Additional Information

Taxes
$21,625
Heating
Forced Air
Air Conditioning
Central Air, Window Unit(s)
Parking Features
Gravel
School District
Cleveland Municipal - 1809

Listing Courtesy of: Matthew S Scheel, Scheel.Matt7@gmail.com With M. C. Real Estate

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