18621 Saint Clair Avenue Cleveland, OH 44110
Other
MLS #: 5201618
Courtesy Of RE/MAX Trinity LLC
Property InformationDescription
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.
Features
- Age: Over 50 Years Old
- Cooling System: Central Air
- Heating System: Forced Air
- Legal Description: 14 WP 324.25 W OF NOTTINGHAM RD
- MLSID: 5201618
- Roof Type: Asphalt
- Roof Type: Fiberglass
- Roof Type: Flat
- Rooms: Basement
MAP & DIRECTIONS
Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
