Listed by Mathew P Chase of Keller Williams Greater Metropolitan (matt@chasegrouprealestate.com 440-452-2000)
Welcome to 1204 & 1206 Auburn Ave! A five unit apartment building in the heart of TREMONT!! Calling investors for a wonderful opportunity to own this piece of property. 4/5 units occupied. Two one bed one bath units, a completely renovated two bed one bath 2025, a three bed one bath and a renovated four bed one bath 2023. Gross income of 56k/year with much room for growth. Two buildings with a common basement under 1204 and two separate partial basements for the two units of 1206. All very dry. Updated electrical. Back unit has newer appliances and has been recently gutted, painted, new carpet & new flooring down to replacing the drywall. All newer water tanks and a newer furnace. Some rents are currently under market value. Rare opportunity minutes from Downtown Cleveland, around the corner from parks, schools, pubs, eateries and entertainment. Not far from the Cleveland clinic and other hospitals with easy highway access. Inquire to agent regarding specifics on recent updates, rent roll and building financials.

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Based on information submitted to MLS Now as of March 22, 2025 10:59 AM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. Listing information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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