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$ 224,900
Est. payment | /mo
0.81 Acres Lot
$ 224,900
Est. payment | /mo
0.81 Acres Lot
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Euclid
MLS Listing ID 5230131
HOA Y/N No
Year Built 1962
Annual Tax Amount $21,783
Tax Year 2025
Lot Size 0.811 Acres
Acres 0.8113
Property Sub-Type Apartment
Property Description
Exceptional value-add opportunity for experienced investors and developers. This 39-unit apartment building at 16014 Euclid Avenue offers significant upside for those seeking a full-scale rehabilitation project. The property is in distressed condition, with nearly every unit requiring substantial renovation and modernization, making it ideal for a complete repositioning. With the potential to renovate units, improve common areas, and implement professional management, this asset presents the opportunity to create long-term value and increase income potential. Property is being sold as-is, and buyers should conduct their own due diligence regarding condition, zoning, and redevelopment opportunities. A rare chance to transform a large multifamily property into a strong-performing investment.
Location
State OH
County Cuyahoga
Interior
Heating Hot Water, Steam
Fireplace No
Exterior
Water Access Desc Public
Building
Sewer Public Sewer
Water Public
Schools
School District East Cleveland Csd - 1812
Others
Tax ID 673-12-004
Listed by Ron Dahlhofer • Woodlake Realty LLC • 440-367-8047, Ron@woodlakeRE.com
MORTGAGE CALCULATOR
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