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About This Home
This 0-bedroom, 0-bathroom single family at 18621 Saint Clair Avenue in Cleveland, OH is listed for $1,900,000. Built in 1927, on a 0.55 acres lot.
Exceptional investment opportunity in the heart of Cleveland! This mixed-use 17-unit property offers immediate cash flow with substantial upside potential. Currently generating approximately $36,000 per month ($432,000 annually) while operating at only 65% occupancy, this asset presents a rare value-add opportunity for investors looking to increase returns through lease-up, updates, and operational optimization.
The property features a strong mix of residential and commercial space, including a fully operational laundromat business that is included in the sale-providing an additional, stable income stream for the next owner. With significant room to grow occupancy and rents, this property is ideally positioned for both seasoned investors and portfolio expansion.
High visibility location, multiple income sources, and impressive in-place revenue make this a standout opportunity in Cleveland's thriving investment market. Whether you are seeking long-term cash flow, appreciation potential, or a turnkey mixed-use asset with built-in upside, this property delivers on all fronts.
Key Features
- Built in 1927
- 0.55 acre lot
Property Details
Amenities
Monthly Cost Estimate
$10,162/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
18621 Saint Clair Avenue
Cleveland, OH 44110
Property Details
Parking
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom single family at 18621 Saint Clair Avenue is listed at $1,900,000. The estimated monthly payment is $8,233 based on 20% down at 6.5% interest.
Key features include: Built in 1927, 0.55 acre lot.
This property is listed by Armani Adames and can be reached at 2163708550 or adamesarmani.aa@gmail.com.
