USAOHClevelandMidway N C Waters5612 Linwood Ave
Listing image | Image 1

5612 Linwood Ave, Cleveland, OH

Condo

For Sale

Listed price in listed location currency (USD).
$369,900

002

MLS® 5221522

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Commercial Sale
Size -
Garage 
HOA Fees 
Taxes $7,005
Days Active 0
Approx. Age 1916
MLS® Number 5221522

Property Address: 5612 Linwood Ave, Cleveland, OH, 44103-3063

Average square foot calculated using Size range provided by listing agent.

Description

Completed updated, turnkey all brick apartment building with 7 apartments. This is the ideal multifamily investment well positioned close to Cleveland Clinic, Case Western Reserve and University Circle - one of the hottest investment markets in Cleveland, Ohio. Each unit features large 2 bedrooms and 1 bath units. Each apartment offers separate gas and electric meters - VERY RARE! 6 in unit furnaces, 6 A/C units, 6 H20 tanks, 7 gas meters and 7 electric panels allowing the tenants to pay for their utilities. On street parking and shared driveway. All units equipped with refrigerators and stoves. Over $250, 000 invested into the building by prior ownership. Extensive list of capital improvements including: vinyl windows (2005), electric panels, H2O tanks (2019-2024), kitchens and baths all have tile flooring, tile showers, oaks cabinets, glass block windows in basement, electrical service to property, updated units, updated common areas and more! Coin operated laundry for additional income. Positioned along the Cleveland Clinic Corridor close to Case Western Reserve University (2.2 miles away). Downtown Cleveland (3.2 miles away). Close to shopping including Daves Supermarket (0.8 miles away). Highly desirable area for increased rent growth and development in the surrounding area. Great cash flow and easy to maintain. Huge opportunity to bring the 7th apartment back online in the basement. Currently not being utilized and will require renovation. Reach out today for a copy of the Offering Memorandum and to schedule a tour!
MLS® Number5221522
Locker
Ensuite Laundry
Balcony
Furnished
Laundry Level
Exposure
Exterior
Garage
Approx. Age1916
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatForced Air, Gas
A/CCentral Air

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 23, 2026List Date
$369,900List Price
Oct 28, 2024End Date
$300,000Sold Price

Sold

Oct 1, 2024List Date
$275,000List Price
  • Commute

Commute

Starting Address
Destination Address
5612 Linwood Ave, Cleveland, OH

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