1380 W 116th Street
Cleveland, OH 44102

Well maintained and with a lot of updates. This six-unit apartment currently has all MTM tenants with below-market rents. Updates include new windows, inside and outside doors, newer gutters, two newer (4 years old) hot water tanks with a spare on hand, a well-maintained flat roof, all units are currently occupied, 3 units recently updated, 1/2 the basement is secured storage for each tenant with laundry, and 1/2 of the basement is used for owner/manager storage. This is a super value-add opportunity to upgrade the suites and turn the units over at higher rents. Great location on West 116th between Detroit and Clifton Blvd. Easy access to Downtown Cleveland, Edgewater Beach, Lakewood, highway access, and public transportation. This is a very easy building to rent and there is room for improvement.