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1900 Euclid Avenue

Cleveland, OH 44115
  • $12,400,000
  • STATUS: Active
  • ON SITE: 96 Days
  • MLS #: 4324624
UPDATED: 46 min ago
$12,400,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 113,402
    SQFT
  • $109
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1912
County:

School Ratings & Info

Listing courtesy of Keller Williams Citywide.
Listing information © 2022 YES-MLS.

Description

Welcome to the 1900 Euclid Ave Lofts, a modernized piece of Cleveland's history that still features the original marble floors and decorative crown moulding of the past. Its located in the heart of Downtown Cleveland, just steps from the CSU campus and walking distance to the Playhouse Square district. It consists of 17- 2 story townhomes, 28 -1bed, 28- 2bed, 7 studios and 3 retail units. Its prime location, loft style units and amenities such as in-suite laundry and a/c, a fitness center with sauna and tanning, underground parking with key fob access and an on site mini mart and a restaurant (courtesy of the retail tenants) make this building desirable to locals, tenants and students alike. A new trash compactor was just installed and a new roll roof is being installed on the courtyard prior to closing. All vacant units will be delivered rent ready making this truly turnkey investment with a net income north of $700k/year! Seller has several other multifamily apartments to sell and is open to portfolio offers. This is the largest.

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Listing information © 2022 YES-MLS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than RE/MAX Edge Realty are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2022-01-20T18:08:20.053.
www.akroncantonhomesonline.com/homes/122407399
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1900 Euclid Avenue Cleveland, OH 44115

  • Price: $12,400,000
  • Status: Active
  • On Site: 96 Days
  • Updated: 46 min ago
  • MLS #: 4324624
0
Beds
0
Baths
0
½ Baths
N/A
Acres
113,402
SQFT
$109
$/SQFT
1912
Built
Neighborhood:
City/Cleveland
County:
Cuyahoga
Area:
Cle South Of Euclid - East Cleveland
Property Description
Welcome to the 1900 Euclid Ave Lofts, a modernized piece of Cleveland's history that still features the original marble floors and decorative crown moulding of the past. Its located in the heart of Downtown Cleveland, just steps from the CSU campus and walking distance to the Playhouse Square district. It consists of 17- 2 story townhomes, 28 -1bed, 28- 2bed, 7 studios and 3 retail units. Its prime location, loft style units and amenities such as in-suite laundry and a/c, a fitness center with sauna and tanning, underground parking with key fob access and an on site mini mart and a restaurant (courtesy of the retail tenants) make this building desirable to locals, tenants and students alike. A new trash compactor was just installed and a new roll roof is being installed on the courtyard prior to closing. All vacant units will be delivered rent ready making this truly turnkey investment with a net income north of $700k/year! Seller has several other multifamily apartments to sell and is open to portfolio offers. This is the largest.
Exterior Features

Parking Features AssignedIndoorMulti-Level Parking Total 83 Roof Flat

Interior Features

Basement Full Basement YN Yes Building Area Total 113402 Building Features Elevator(S) Cooling Central Air Cooling YN Yes Heating Forced AirGasRadiant Heating YN Yes Interior Features Elevator

Property Features

Above Grade Finished Area 113402 Lease Considered YN No Listing Terms CashConventional Net Operating Income 762372 Owner Pays SewerTrash CollectionWater Ownership Resident Property Sub Type Apartment Security Features Security SystemFire Sprinkler System Sewer Public Sewer Tax Annual Amount 199087 Tenant Pays Cable TvElectricityGas Township Cleveland-E/R Water Source Public Year Built Details Actual Ybt

Listing information © 2022 YES-MLS.
Listing provided courtesy of Keller Williams Citywide.
Listing information © 2022 YES-MLS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than RE/MAX Edge Realty are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2022-01-20T18:08:20.053.
 
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Listing courtesy of Keller Williams Citywide.
Listing information © 2022 YES-MLS.