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For Sale property id: 65845932
USD 1,075,000 Mortgage Calculator
USD 1,075,000
1369 W 112th Street, Cleveland, Ohio, United States
  • 1433.9584224 m²
  • Completion Year


Welcome to the Nina Apartments. This 20 unit building is located in Cleveland’s Edgewater neighborhood and offers investors an opportunity to purchase a primed VALUE ADD property. 18 of 20 units vacated with the last two in process so you can expediteg reno & stabilization at market rents. New roof done last year, windows are replacement vinyl, and several units need very little. Seller estimates complete restortation at $300K, which provides for a cash out refi scenario that would protentially produce over 12% return on cash! Entrance to Edgewater Park and Beach just a mile away with Lakewood five blocks top the west.

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