15000 Euclid Avenue, East Cleveland, OH 44112

East Cleveland
Local realty services provided by:ERA Martin & Associates
15000 Euclid Avenue,East Cleveland, OH 44112
$2,950,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: douglas j ryan
Office: kw classic properties realty614-451-8500
MLS#:226031753
Source:OH_CBR

Price summary

  • Price:$2,950,000

About this home

AFFORDABLE HOUSING ; 41 UNITS GRASMERE APARTMENTS, EAST CLEVELAND. Approximately 90% ++ occupancy and growing. Perfect opportunity for new management to take it over and benefit from all the hard work. The property provides for both 1 and 2 bedroom units depending on how space is utilized by the tenant. The building has had several recent improvements that are significant to the long term performance of this multi-unit apartment building. Major electrical, plumbing and almost all of the units have been refreshed. Low maintenance masonry construction with separately metered electric. Operationally, this building has the ability to provide impressive returns utilizing a past history of market rents and affordable housing programs. A few shell units remain in the lower level providing the possibility to increase the number of total units or enhance with common areas. On site laundry facility, electronic keyed entry, security cameras and recently improved fire alarm system offers...

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Home facts

  • Year built:1915
  • Listing ID #:226031753
  • Added:40 day(s) ago
  • Updated:September 30, 2026 at 04:10 PM

Structure and exterior

  • Year built:1915
  • Lot area:0.37 Acres

Finances and disclosures

  • Price:$2,950,000
  • Tax amount:$41,524
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor ERA Martin & Associates shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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