This property is an ideal fit for investors seeking a value-add multifamily project with significant upside. Bring this building back to life and unlock its full income-generating potential.
Property Overview
1828 Hastings Avenue presents a rare opportunity to acquire a structurally solid multifamily building in the Stevens neighborhood of East Cleveland. This three-story, six-unit property has been completely gutted and is ready for a full renovation, offering investors a true blank canvas to reposition and maximize returns.
With a brick exterior and solid foundation, the building provides the perfect framework for transformation. Once renovated, this asset has strong potential to generate stable rental income and long-term appreciation.
Location Highlights
• Conveniently located just off Euclid Avenue, near Taylor Road and Noble Street
• Close proximity to local retail, schools, and public transportation
• Easy access to downtown Cleveland and major employment centers
Investment Highlights
• Affordable Entry Point – 6 units at just $65,000
• Value-Add Potential – Fully gutted interior, ready for custom renovation plans
• Solid Exterior – Structurally sound brick building built in 1915
• Prime Multifamily Location – Strong rental demand in the surrounding area