$9,500,000
bedrooms
0
bathrooms
0
square feet
0
Acreage
0.7515
Open Houses
-
year built
1910
Full Baths
0
Half Baths
0
A rare opportunity to acquire a fully renovated 134-unit apartment building with 5 retail storefronts, ideally located just blocks from the highly sought-after Lakewood neighborhood! This expansive property has recently completed a full interior and common area renovation, featuring modern vinyl flooring, stylish kitchen and bathroom upgrades, fresh paint, and updated amenities throughout. Offering a mix of studios, one-bedrooms, and two-bedroom units — all with consistent, contemporary finishes — the building is experiencing a strong lease-up phase after their recent construction overhaul, thanks in part to an on-site leasing agent. Of the five retail storefronts, three are white-boxed and ready for new tenants, while one is currently leased on a month-to-month basis at under-market rent. The owner currently pays all utilities, and the building operates on a boiler heat and water system — a major value-add for tenants that enhances appeal. Tenants enjoy the unbeatable value of living steps away from Lakewood at a more affordable price point, making this an exceptional investment with upside potential. Seller is open to offering short-term seller financing with attractive terms: 24-month interest-only financing at 6% up to 20% of the purchase price.
| Location | |
| Subdivision | Brooklyn |
| County | Cuyahoga |
| Elementary School | - |
| Middle School | - |
| High School | - |
Open houses
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MLS number: 5115362
Listing agent:
Tal Tamir
#2018001908
Listing broker:
Russell Real Estate Services
(440) 268-9491
Copyright © 2025 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Tuesday, April 29 2025 at 10:51 p.m. EDT
Kotohomes National