2661 Grand Avenue, Cleveland, OH 44104

bedrooms 9
bathrooms 6
|Townhouse
THB ฿11,053,958
USD $329,900
Published on: 02 Nov 2024
Last updated on: 16 Jan 2025
2661 Grand Avenue, Cleveland, OH 44104
2661 Grand Avenue, Cleveland, OH 44104
2661 Grand Avenue, Cleveland, OH 44104
+45
2661 Grand Avenue, Cleveland, OH 44104
  • 45
Property ID: 110095488874
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Quadruplex - Cleveland, OH

2661 Grand Avenue, Cleveland, OH 44104
Investment Opportunity in Cleveland's New "Opportunity Corridor" - $330M Redevelopment! Seize this ground-floor investment in Cleveland's newly emerging "Opportunity Corridor" with a fully updated/lead-certified, mixed-use turnkey project. Featuring two well-cared-for, remodeled buildings that reflect beautiful workmanship and pride of ownership, this property offers immense potential. Building #1 includes vacant retail/storefront/office/warehouse space (the current owner is interested in leasing), along with three remodeled apartments. Two 1-bedroom units are rented for $700/month each, and one spacious 3-bedroom unit, just remodeled, is ready to rent for $1,250-$1,400/month (perfect for Section 8). There's room to increase rents, and this building also boasts a full basement, 5 bedrooms, 2 full/2 half baths, and ample parking. Building #2 is a beautiful 4-bedroom, 1.5-bath home, nicely remodeled/currently rented through Section 8 for $1,250/month, with an approved increase to $1,425. With ample parking, potential for billboard advertising, and turnkey professional management available, this is your chance to get in on Cleveland's fast-developing area before prices rise. Out-of-state investors are encouraged to research Cleveland's Opportunity Corridor project and see the potential this prime investment offers!

Property Details

Basic Info

Property Type
Townhouse
Listing Status
Active
Land Size
580.72 m2
Year Built
1890
Rooms
9 bedroom(s), 6 bathroom(s)
Architecture Style
Other
Num Floors
2
County
Cuyahoga
Parcel ID
126-22-008
Provider
MLS Now
Subdivision
Brooks
Brokerage Office Name
Coldwell Banker Schmidt Realty
Brokerage Office Phone
(440) 572-0220
Address
2661 Grand Avenue, Cleveland, OH 44104

Tax History

YearTax amount
2023USD $2339THB ฿78,373*

*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither thinkofliving.com nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. thinkofliving.com recommends that you independently verify any information before relying on it.

Contact Agent
Christopher Frederick
Coldwell Banker Schmidt Realty
32648 Center Ridge Road, North Ridgeville, OH 44039
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32648 Center Ridge Road, North Ridgeville, OH 44039
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      Property ID: 110095488874

      Data provided by MLS Now, MLS #: 5080255
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