8918 Easton Ave, Cleveland, OH 44104
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 8918 Easton Ave
- Property type
- Commercial real estate
Description
This two-unit apartment building in Cleveland, Ohio, presents a unique investment opportunity. Located at 8918 Easton Ave, in Cuyahoga County, zip code 44104, this Class C property is currently listed at $22,000. The property consists of 1,496 square feet, encompassing six bedrooms and two bathrooms across two units. While currently condemned, the property boasts a significant after repair value (ARV) of $130,000, representing substantial upside potential. With an estimated potential rental income of $1,900 per month ($950 per unit), this property offers a compelling 14% capitalization rate. The property requires renovation to address existing code violations, presenting a chance for a savvy investor to add value and realize significant returns. This is an exceptional opportunity for those seeking a high-return, fix-and-flip or rental property investment in a growing market. The property's location offers convenient access to various amenities and transportation options. Serious inquiries only.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Cleveland
- County
- Cuyahoga
- State
- Ohio
- Longitude
- -81.62396791646
- Latitude
- 41.468621256265
