Courtney Boron

4600 Division Avenue, Cleveland, OH 44102

$500,000
  • 4600 Division Avenue, Cleveland, OH 44102 Main Photo
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New to the Market Active
MLS#5260695
STATUSActive PROPERTY TYPECommercial - Retail SUBDIVISIONRockefeller & Andrews SCHOOLCleveland Municipal - 1809

Property Description

Calling all investors! This 9-unit mixed-use brick building offers a strong opportunity to expand your portfolio with 7 residential apartments & 2 retail units, providing multiple income streams & value-add potential. The range of apartment sizes & storefronts gives owners flexibility in leasing strategies. The residential mix includes four 3-bedroom units, two 2-bedroom units & one 1-bedroom unit. The property also features a brick exterior, rear parking lot & full basement with laundry hookups. The building is near-turnkey, with minor rent-ready work noted in Units 1, 2 & 3. Interior highlights include LVP flooring in select units, including throughout Unit 4, younger kitchen cabinets in Units 1, 3 & 6, updated bathroom vanities across multiple units & original hardwood flooring in Units 3 & 5, plus the living room of Unit 2. Other features include younger tubs with ceramic surrounds in Units 2 & 6, balcony access in Unit 6, a walk-in closet in Unit 7 & engineered hardwood flooring in Retail Unit 9. Individual electric & gas meters, furnaces & hot water tanks support independent utility management. Updates include plumbing beneath kitchen sinks in Units 6 & 8, younger electrical components in Unit 8 & updated electrical in Retail Unit 9. The original cast-iron main stack remains in the basement. Approximately 15 minutes from Downtown Cleveland, this property offers convenient access to major highways & commuter routes, shopping, dining & employment centers. Nearby Garfield Park Reservation features scenic walking & biking trails, picnic areas & outdoor recreation. Schools, neighborhood parks & everyday amenities further support tenant appeal. Don't miss this mixed-use investment opportunity in Cleveland! With a versatile unit mix, existing improvements, separate utilities & potential for rental income growth, this property offers long-term investment appeal. Schedule your showing today! No wholesalers. No Seller financing. No low ball offers.

4600 Division Avenue | MLS# 5260695

This commercial property located at 4600 Division Avenue, Cleveland, OH 44102 is currently listed for sale with an asking price of $500,000. Division Avenue is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on courtneyboron.mcrealestateohio.com today.

Property Features

Property Type: Commercial - Retail
Basement: Yes
Basement: Full
Cooling: Central Air
Heating: Hot Water, Steam
Lot Size: 0.21 Acres
Roof Type: Flat
Taxes: $11,167 / year
Year Built: 1926

Feature Descriptions

Parcel#: 134-26-029
Parking: Driveway, Parking Lot
Sewer: Public Sewer
Units: 9
Water: Public

Local Schools

School District: Cleveland Municipal - 1809

Listed By / Shown By

Listed By

Agency Name: RE/MAX Haven Realty
Agency Contact: mike@theazzamgroup.com, 216-446-7606

Shown By

Agent Name: Courtney Boron
Agent Phone: (330) 241-9375
Agency Title: M.C. Real Estate

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