Commercial Real Estate for Sale at 16313 Talford Avenue in Cleveland, OH for $1,369,000

16313 Talford Avenue | Cleveland

$1,369,000 | 0.0 Sq. Ft.

Investor Special! This is a rare chance to acquire a 30-unit (16 property) portfolio on Cleveland\u0027s east side, offering a true value-add opportunity with significant upside. Most properties are vacant and in need of varying levels of renovation\u2014perfect for investors ready to unlock their full potential. Once stabilized, this portfolio is projected to generate nearly $450,000 in annual gross income and over $175,000 in net cash flow after debt service. Full property details, rehab estimates, and walkthrough notes are available in the supplements. Don\u2019t miss this unique opportunity to add substantial value and cash flow to your portfolio in a growing Cleveland market! *Note: Attached OM reflects a portfolio size of 31 units \u0026 17 properties which has been updated to the current portfolio size of 30 units \u0026 16 properties. MLSNow 5094474

Directions to property: Various locations in Cleveland and Maple Heights

MLS Listing ID: 
MLSNow 5094474
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Status (Local): 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$1,369,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Property Sub Type: 
Other
Primary Market Area: 
Cleveland
Address: 
16313 Talford Avenue, Cleveland, OH 44128
County: 
Cuyahoga
Latitude: 
41.4545120
Longitude: 
-81.5664840
Directions: 
Various locations in Cleveland and Maple Heights
Public Remarks: 
Investor Special! This is a rare chance to acquire a 30-unit (16 property) portfolio on Cleveland\u0027s east side, offering a true value-add opportunity with significant upside. Most properties are vacant and in need of varying levels of renovation\u2014perfect for investors ready to unlock their full potential. Once stabilized, this portfolio is projected to generate nearly $450,000 in annual gross income and over $175,000 in net cash flow after debt service. Full property details, rehab estimates, and walkthrough notes are available in the supplements. Don\u2019t miss this unique opportunity to add substantial value and cash flow to your portfolio in a growing Cleveland market! *Note: Attached OM reflects a portfolio size of 31 units \u0026 17 properties which has been updated to the current portfolio size of 30 units \u0026 16 properties.
Community Information
School District: 
Cleveland Municipal - 1809
Subdivision: 
Villa Park Sub #1
Building Details
Details about the building on a property.
Year Built: 
1925
Living Area: 
0.0
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Forced Air
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
1.93
Lot Size (Area): 
1.93
Public Record
Parcel Number: 
140-07-066
Annual Tax: 
$32,288.00
Contract Details
Details about the listing contract.
Possession: 
Delivery Of Deed
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
Tal Tamir
Listing Office Name: 
Russell Real Estate Services

Request More Information