4225 W 22nd Street
Property Description
Opportunity awaits in Cleveland's Old Brooklyn neighborhood with this four-unit brick apartment building, offering a strong addition to an investor's portfolio or an opportunity for an owner-occupant looking to offset their housing costs with rental income. The property consists of four 2-bedroom, 1-bath units, each with a living room and kitchen. Three units are currently occupied, with one vacant unit providing flexibility for a new tenant, owner occupancy, or value-add potential. Current rents include $896, $1,287 and $1,100 per month, with multiple units participating in CMHA programs. Old Brooklyn offers convenient access to I-71 and I-480, making Downtown Cleveland, Ohio City, Tremont and other major employment and entertainment areas easily accessible. The neighborhood is known for its mix of residential streets, established commercial corridors and locally owned businesses along Pearl, Broadview and State roads. Outdoor recreation is close by as well, including Brookside Reservation, Brighton Park, Cleveland Metroparks trails and the Cleveland Metroparks Zoo. The area also offers a variety of neighborhood coffee shops, restaurants, shopping and everyday conveniences. Whether you're looking to expand an existing portfolio, house-hack a multi-family property, or take advantage of rental demand in an established Cleveland neighborhood, 4225 W 22nd Street offers versatility, income potential and a convenient Old Brooklyn location.Broker Details
KW Living (440) 318-1620
MLS ID: 2016002011 State License Number: 2016002011
Key Property Information
| Listing Status: | Pending Sale |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $325,000 |
| Year Built: | 1925 |
| Lot Size: | 5,346.00 Sq ft |
| Opportunity Zone: | No |
| Property Website | Click Here |
| Number of Bedrooms: | 8 |
| Number of Bathrooms: | 4 |
ID: 3yd-NEOHREXOH-5247039
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