Commercial Real Estate for Sale at 1204 Auburn Avenue in Cleveland, OH for $585,000

1204 Auburn Avenue | Cleveland

$585,000 | 0.0 Sq. Ft.

Welcome to 1204 \u0026 1206 Auburn Ave! A five unit apartment building in the heart of TREMONT!! Calling investors for a wonderful opportunity to own this piece of property. ALL units occupied. A one bed one bath unit, a two bed one bath unit, a completely renovated two bed one bath 2025, a three bed one bath and a renovated four bed one bath 2023. Gross income of $58,600/year with much room for growth. Two buildings with a common basement under 1204 and two separate partial basements for the two units of 1206. Updated electrical. Back unit has newer appliances and has been recently gutted, painted, new carpet \u0026 new flooring down to replacing the drywall. All newer water tanks and a newer furnace. Some rents are currently under market value. Rare opportunity minutes from Downtown Cleveland, around the corner from parks, schools, pubs, eateries and entertainment. Not far from the Cleveland clinic and other hospitals with easy highway access. Inquire to agent regarding specifics on recent updates, rent roll and building financials. MLSNow 5098688

Directions to property: Auburn Avenue off of West 25th.

MLS Listing ID: 
MLSNow 5098688
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: 
$585,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Property Sub Type: 
Apartment
Primary Market Area: 
Cleveland
Address: 
1204 Auburn Avenue, Cleveland, OH 44113
County: 
Cuyahoga
Latitude: 
41.4763700
Longitude: 
-81.6902230
Directions: 
Auburn Avenue off of West 25th.
Public Remarks: 
Welcome to 1204 \u0026 1206 Auburn Ave! A five unit apartment building in the heart of TREMONT!! Calling investors for a wonderful opportunity to own this piece of property. ALL units occupied. A one bed one bath unit, a two bed one bath unit, a completely renovated two bed one bath 2025, a three bed one bath and a renovated four bed one bath 2023. Gross income of $58,600/year with much room for growth. Two buildings with a common basement under 1204 and two separate partial basements for the two units of 1206. Updated electrical. Back unit has newer appliances and has been recently gutted, painted, new carpet \u0026 new flooring down to replacing the drywall. All newer water tanks and a newer furnace. Some rents are currently under market value. Rare opportunity minutes from Downtown Cleveland, around the corner from parks, schools, pubs, eateries and entertainment. Not far from the Cleveland clinic and other hospitals with easy highway access. Inquire to agent regarding specifics on recent updates, rent roll and building financials.
Community Information
School District: 
Cleveland Municipal - 1809
Subdivision: 
John G Jennings University Heights
Building Details
Details about the building on a property.
Year Built: 
1890
Living Area: 
0.0
Basement: 
Common Basement
Construction
Foundation Details: 
Basement
Roof: 
Asphalt,Fiberglass
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,Gas
Cooling System: 
None,Window Unit(s)
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.1
Lot Size (Area): 
0.1
Lot Features
Fence: 
Chain Link
Public Record
Parcel Number: 
004-21-096
Annual Tax: 
$11,079.00
Contract Details
Details about the listing contract.
Possession: 
Delivery Of Deed
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
Mathew P Chase
Listing Co-Agent Name: 
Stephanie A Miller
Listing Office Name: 
Keller Williams Greater Metropolitan
Listing Co-Office Name: 
Keller Williams Greater Metropolitan

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