616 117th St Cleveland, OH 44108-2302
- Residential income homes
- 3,790 SF
- 0.11 lot acres
Aug 16, 2021
Current Use by Public Records
- Residential income homes
Property Details for 616 117th St
- Year built
- 1920
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 0.11 lot acres
- Property size
- 3,790 SF
- Zone code
- MF-2
- Property type
- Residential income homes
- Property subtype
- Small apartment buildings
- APN
- 110-02-081
- APU
- 11002081
Description
This exceptional investment opportunity presents a multi-unit apartment building located at 616 E 117th Street, Cleveland, Ohio. The property sits on a 0.11-acre lot and is being offered via auction, concluding Thursday, February 6th at 4:00 PM. This is an "AS-IS" sale, meaning no inspections are permitted, and buyers are responsible for conducting their own due diligence prior to bidding. The sale is subject to the terms and conditions outlined on the AuctionOhio website, where interested parties must register and submit their bids. This property presents a compelling opportunity for investors seeking to generate immediate cash flow. The exact square footage of the building is not currently available. Given the "AS-IS" nature of the sale, potential buyers should be prepared to undertake necessary repairs and renovations as needed. The auction format necessitates a swift and decisive approach to bidding. All interested parties are strongly encouraged to review the complete auction details and terms on the AuctionOhio website before participating. This is a chance to acquire a Cleveland apartment building at an attractive price, but requires a buyer comfortable with the inherent risks of an "AS-IS" auction purchase.
Value Estimations
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Cleveland
- County
- Cuyahoga
- State
- Ohio
- Longitude
- -81.6041
- Latitude
- 41.5406
- CBSA code
- 17460
- CBSA name
- CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA