Cleveland, OH 44102,8621 Denison AVE
Cleveland, OH 44102,8621 Denison AVE
Cleveland, OH 44102,8621 Denison AVE
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$450,000
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4,617 Sqft Lot
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8621 Denison AVE Cleveland, OH 44102

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Kristine Roberts

Kristine Roberts

+1(304) 914-9340

UPDATED:

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision Seidman

MLS Listing ID 5149822

HOA Y/N No

Year Built 1916

Annual Tax Amount $5,777

Tax Year 2024

Lot Size 4,617 Sqft

Acres 0.106

Property Sub-Type Apartment

Property Description

Income-producing 6-unit building in the heart of Cleveland's West Side, featuring 3 one-bedroom, one-bath , 2 two-bedroom, one bath apartments and 1 storefront. All apartment tenants are Section 8, paying their own electric and gas, while the owner covers water and sewer. Current rents: Unit 1 $840/month (month-to-month since 8/22), Unit 2 $839month, Unit 3 $810/month (month-to-month since 7/23), Unit 4 $974/month (lease expires 8/26), Unit 5 $999/month (month-to-month since 10/23), and the storefront $1,000/month (lease expires 7/26). Well-maintained and turnkey, this property offers reliable cash flow and excellent investment potential. Located on a bus line and just minutes from downtown, the airport, and freeway access, this building is a prime opportunity for investors seeking immediate income in a high-demand area. Gross rent is 65,544.00, Yearly expenses 12,749.00. Cap Rate of 11.73%

Location

State OH

County Cuyahoga

Interior

Heating Forced Air, Hot Water, Steam

Cooling Window Unit(s)

Fireplace No

Exterior

Parking Features On Street

Water Access Desc Public

Building

Sewer Public Sewer

Water Public

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 017-30-008

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Northern Ohio Regional MLS (YES-MLS)
Listed by Theresa M Seese • McDowell Homes Real Estate Services • Theresa@sellwithseese.com, 216-666-1411

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES
Elementary Schools 20
  • 8

    Clark PreK-8 School

    Public | PK - 8

  • 6

    Emerson Elementary School

    Public | PK - 5

  • 6

    Denison School

    Public | PK - 8

  • 5

    Louisa May Alcott Elementary School

    Public | KG - 5

  • 5

    Brooklyn Middle School

    Public | 5 - 7

  • 5

    Constellation Schools: Stockyard Community Elementary School

    Public | KG - 6

  • 5

    Near West Intergenerational School

    Public | KG - 6

  • 5

    Constellation Schools: Old Brooklyn Community Elementary School

    Public | KG - 4

  • 5

    Constellation Schools: Old Brooklyn Community Middle School

    Public | 5 - 8

  • 5

    William Cullen Bryant School

    Public | PK - 8

  • 5

    Charles A. Mooney School

    Public | PK - 8

  • 4

    Harrison Elementary School

    Public | PK - 5

  • 4

    Almira PreK-8 Academy

    Public | PK - 8

  • 4

    Wilbur Wright School

    Public | PK - 8

  • 4

    Constellation Schools: Westside Community School of The Arts

    Public | KG - 8

  • 4

    Orchard STEM School

    Public | PK - 8

  • 4

    Joseph M. Gallagher School

    Public | PK - 8

  • 4

    Halle School

    Public | PK - 8

  • 4

    Walton PreK-8 School

    Public | PK - 8

  • 3

    Hope Academy Northwest Campus

    Public | KG - 8

Middle Schools 4
  • 6

    Garfield Middle School

    Public | 6 - 8

  • 5

    Brooklyn High School

    Public | 8 - 12

  • 2

    Constellation Schools: Stockyard Community Middle School

    Public | 7 - 8

  • 0

    Carl F Shuler

    Public | 8 - 9

High Schools 10
  • 3

    New Technology West

    Public | 9 - 12

  • 2

    Max S. Hayes High School

    Public | 9 - 12

  • 1

    James Ford Rhodes High School

    Public | 9 - 12

  • 1

    Garrett Morgan School of Engineering & Innovation

    Public | 9 - 12

  • 1

    Lincoln-West High School

    Public | 9 - 12

  • 0

    Thurgood Marshall High School

    Public | 9 - 12

  • 0

    St Edward High School

    Private | 9 - 12

  • 0

    Lake Erie International High School

    Public | 9 - 12

  • 0

    Frederick Douglass Reclamation Academy

    Public | 9 - 12

  • 0

    Facing History High School@Charles Mooney

    Public | 9 - 10

School and business data provided by Attom Data.

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Kristine Roberts

Kristine Roberts

Agent | License ID: c27336

+1(304) 914-9340

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