David Maltese
www.davidmaltese.com
REALTOR®, CRS, GRI, CSP
MLS#5213591
STATUSActive
PROPERTY TYPECommercial - Retail
SUBDIVISIONMorgan
SCHOOLCleveland Municipal - 1809
Property 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.
Property Features
Property Type: Commercial - Retail
Heating: Forced Air, Hot Water, Steam
Lot Size: 0.10 Acres
Taxes: $1,025 / year
Year Built: 1920
Feature Descriptions
Parcel#: 125-36-025
Parking: Detached, Garage
Sewer: Public Sewer
Water: Public
Local Schools
School District: Cleveland Municipal - 1809
Listed By / Shown By
Listed By
Agency Name: Keller Williams Greater Metropolitan
Agency Contact: kquawanbrown@kw.com, 216-272-4616
Shown By
Agent Name: David Maltese
Agent Phone: (330) 936-0865
Agency Title: DeHOFF REALTORS
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7601 Union Avenue | MLS# 5213591
This commercial property located at 7601 Union Avenue , Cleveland, OH 44105 is currently listed for sale with an asking price of $59,900. Union Avenue is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on dmaltese.dehoff.com today.