11702 Buckeye Rd Cleveland, OH 44120-5705

Property Details for 11702 Buckeye Rd

Year built

1916

Construction

WOOD

Lot size

0.13 lot acres

Property size

5,982 SF

Zone code

LR

Property type

Warehouses

APN

129-18-006

APU

12918006

Description

This exceptional mixed-use property in Cleveland, Ohio, presents a compelling investment opportunity. The 5,983 square foot brick building sits on a 0.13-acre lot and boasts two retail storefronts and six apartments. One storefront is currently leased for $300 per month, enjoying a 10-year tenancy, while the other is vacant and ideal for various retail uses. The six apartments are comprised of three two-bedroom, one-bathroom units and three one-bedroom, one-bathroom units. Three of the two-bedroom units are occupied, with rents ranging from $650 to $725 per month. Two of the one-bedroom units are occupied at $650 per month. One one-bedroom unit is vacant and awaiting a Section 8 tenant. Significant upgrades have been completed, including a full electrical rewiring with hardwired smoke and carbon monoxide detectors, new breaker panels in all units, and updated windows. Each unit features its own furnace, electrical panel, and hot water tank. Rear parking is available. Laundry hookups are on-site. The property benefits from convenient highway access, proximity to shopping, dining, and public transportation. This is a rare chance to acquire a well-maintained, income-producing property with significant upside potential in a desirable Cleveland location.