OH
Cuyahoga
Cleveland
44120
3296 - 3300 E 149th Street
3296 - 3300 E 149th Street, Cleveland, OH 44120
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Listing Type
Commercial/Industrial
Listing Status
active
50
$1,400,000

Home Details for 3296 - 3300 E 149th Street

Price
$1,400,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1923
Lot size acres
0.36
County
Cuyahoga
Garage
Days on site
241
MLS Listing#
5113643
Property Description

Outstanding investment opportunity - add two fully renovated, high-income-producing apartment buildings to your portfolio. Together, these properties generate over $17,000 in monthly gross rental income. There is potential for even higher market rents, as the buildings house brand new tenants who moved in after the 2023 renovations. Enjoy a tax abatement on the property until 2038. Each building, completely updated in 2023, includes a tenant-operated, app-based laundry facility and individually metered units. Situated in Cleveland, a city with robust rental demand driven by its diverse economy and expanding healthcare and tech sectors, these properties are an ideal investment in a cost-effective and promising rental market. Capitalize on this chance to invest in one of the Midwest's most attractive rental markets. Current buildings are equipped with a property management team to ensure a seamless, hands-off ownership transition, if necessary for the buyer.

Property Features
  • Heating Information
    • Hot Water
    • Steam
  • Cooling Information
    • None
  • Water Features
    • Public
Listing Courtesy: IIP Management, LLC. - 216-503-6300
The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information provided courtesy of the Northern Ohio Regional Multiple Listing Service.
Last Updated: 2025-08-21 11:45:53
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Market statistics compiled from data from YES MLS.
EXIT RIVERBEND REALTY
220 Main St, Belpre, OH 45714
Jim Richards
CA BRE: #: WVS180300267
License #: sal.2019007897
Sales Representative
Office
740 860 3555
Agent
304 210 7379
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