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Updated 2 months ago on . Most recent reply

User Stats

18
Posts
7
Votes
Pete Krusinski
  • Real Estate Agent
  • Cleveland
7
Votes |
18
Posts

Off-Market 6-Unit Apartment Building – Cleveland, OH

Pete Krusinski
  • Real Estate Agent
  • Cleveland
Posted

Off-Market 6-Unit Apartment Building – Cleveland, OH

I have an off-market opportunity for serious investors looking for immediate cash flow in Cleveland, OH.

Key highlights:

  • 6-unit apartment building (all 2 bed/1 bath)
  • Price Range: $350K - $400K
  • Current and projected rents: 3 units will be occupied at closing, guaranteed voucher rents of at least $950/unit (could be higher).
  • Recent Capital Improvements: Major updates completed including new electrical panels and wiring, plumbing, vinyl windows, 4 new furnaces, and 6 new hot water tanks. Cosmetic updates also completed throughout kitchens, bathrooms, doors, appliances, and partial flooring.
  • Condition: Exterior siding is in good shape, street parking available.
  • Neighborhood: D-class area, strong cash flow potential.

Looking for a direct buyer or someone unrepresented. This deal is ideal for investors looking for strong returns with minimal upfront maintenance.

I can share a Dropbox link with detailed pictures and videos for interested buyers.

Serious inquiries only—please message or comment directly for more details.

  • Pete Krusinski
Offering
Cleveland, Ohio

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