Investment Opportunity in the Heart of Mt. Pleasant, right off a busy corridor with over 20k total cars a day!
Discover endless potential at 3351 East 116th St, a vacant, legal 5-unit multifamily property currently set up as 4 spacious units, with significant upside for expansion. This solid brick building offers a total of approximately 4,060 SF across three- large one bedroom units, two of which can be converted to 2 bedroom units and one large two bedroom, plus an expansive 2,600 SF basement ideal for storage or future use.
Additionally, there is a vacant, framed space previously planned to create a fifth and sixth unit, allowing a new owner to increase unit count and maximize ROI (owner had plans to convert to a 6-unit building).
Located in an up-and-coming neighborhood with convenient access to public transit, highways, shopping, and local amenities, this property is perfect for local or out of state investors seeking value-add opportunities.
For sale by owner
Price cut: $15K (8/21)
$95,000
3351 E 116th St, Cleveland, OH 44120
5beds
4,060sqft
Est.:
MultiFamily
Built in ----
-- sqft lot
$-- Zestimate®
$23/sqft
$-- HOA
What's special
Solid brick building
- 46 days
- on Zillow |
- 756 |
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