7601 Union Avenue,Cleveland, OH 44105
Cleveland, OH 44105
Description
Mixed-use investment opportunity in Cleveland’s 44105 area! 7601 Union Ave features a retail/commercial storefront on the first level with two residential apartment units above, offering strong income-producing potential for investors looking for a value-add opportunity. The upper units include a 1-bedroom studio apartment and a spacious 2-bedroom apartment, creating multiple streams of rental income from one property. The property has experienced water damage due to a burst pipe during the winter and will require repairs and renovation, making it ideal for investors, contractors, or buyers looking for a rehab project with upside potential. Conveniently located near major roadways, public transportation, and local businesses, this property offers excellent potential for a fix-and-hold or redevelopment strategy. Opportunities like this are perfect for investors looking to expand their portfolio and build long-term cash flow in Cleveland’s growing investment market.
Details
| MLS # | 5213591 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Sub-Type | Resale |
| Status | Active |
| Year | 1920 |
| Days On Site | 86 |
| Listing Provided By | Keller Williams Greater Metropolitan | Kquawan Brown |
Features
| Acreage | 0.10 |
|---|
Parking
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Detached, Garage |
Taxes
| Tax Annual Amount | 1025 |
|---|
Area Information
| State | OH |
|---|---|
| County | Cuyahoga |
| City | Cleveland |
| Zip Code | 44105 |
| Community Name | Morgan |
| Listing VS Median (in Morgan) | |
Price: $59,900 low | high Med: $49,900 On site: 86 low | high Med: 85 | |
Market Activity 44105
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Learn More About This Property
| State | OH |
|---|---|
| County | Cuyahoga |
| City | Cleveland |
| Zip Code | 44105 |
| Community Name | Morgan |
| Listing VS Median (in Morgan) | |
Price: $59,900 low | high Med: $49,900 On site: 86 low | high Med: 85 | |