$59,900

About this home

Mixed-use investment opportunity in Cleveland’s 44105 area! 7601 Union Ave features a retail/commercial storefront on the first level with two residential apartment units above, offering strong income-producing potential for investors looking for a value-add opportunity. The upper units include a 1-bedroom studio apartment and a spacious 2-bedroom apartment, creating multiple streams of rental income from one property. The property has experienced water damage due to a burst pipe during the winter and will require repairs and renovation, making it ideal for investors, contractors, or buyers looking for a rehab project with upside potential. Conveniently located near major roadways, public transportation, and local businesses, this property offers excellent potential for a fix-and-hold or redevelopment strategy. Opportunities like this are perfect for investors looking to expand their portfolio and build long-term cash flow in Cleveland’s growing investment market.

Property details

MLS #

5213591

Property type

Retail

Subdivision

Morgan

Status

Active

Days on market

N/A

On market date

N/A

Stories

N/A

Garage spaces

N/A

Lot size

0.1003 acres

Nearby schools

Within 10 miles · public school directory data (NCES)