Property Description

Renovated 11 unit multifamily on Superior Ave. This 12,863 SF three story brick building with basement offers seven 2 bedroom, 1 bath suites and four 1 bedroom, 1 bath suites. Building wide 2024/2025 renovation includes all new kitchens with granite counters and new appliances, all new bathrooms, updated plumbing and electrical, heating upgraded to forced air, and refreshed exterior. Seven units are occupied by approved CMHA Housing Choice Voucher tenancies producing $108,660 annually in place. Three additional units are leased to approved voucher holders with CMHA inspections pending, and one rent ready unit is being marketed, for a total of $174,480 in scheduled annual rent at full occupancy. Generous 2 bedroom layouts with formal dining rooms, new LVP flooring and ceiling fans throughout. Full exterior camera security system. Single parcel adjacent to Forest Hill Park with quick access to University Circle and downtown Cleveland. Pending tenancies subject to housing authority approval. Buyer to verify all information. Equal Housing Opportunity.

Property Features

Local Schools