SELLER FINANCING AVAILABLE! (9.4% CAP RATE) THE FULTON APARTMENTS FOR SALE! (10-UNITS)

For Sale

3355 West 43rd Street, Cleveland, OH 44109

This Cleveland property for sale is located at 3355 West 43rd Street. The current listed sale price for SELLER FINANCING AVAILABLE! (9.4% CAP RATE) THE FULTON APARTMENTS FOR SALE! (10-UNITS) is $900,000.

Contacts

broker

David Rosenthal

Grimaldi Commercial Realty Corp.

Property Details

  • Property Type Multi-Family
  • Property Size 11,407 SF
  • Units 10
  • Additional Rent Contact for pricing
  • Parking Spaces Avail. 24
  • Property Tenancy Multi-Tenant
  • Year Built 1987
  • Year Renovated 2023
  • Date Updated Sep 4, 2024
10-Unit Multifamily Portfolio in Cleveland, Ohio FOR SALE! UNITS LOCATED AT THE FOLLOWING ADDRESSES: 3355 W 43rd St Cleveland, OH 44109 (4-UNITS) 3893 E 57th St Cleveland, OH 44105 (4-UNITS) 2786 E 119th St Cleveland, OH 44105 (2-UNITS)

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Highlights

  • 10-UNIT PORTFOLIO OF APARTMENTS IN THE FAMOUS CLARK-FULTON NEIGHBORHOOD OF CLEVELAND, OH.
  • 100% OCCUPIED!
  • LONG-TERM TENANTS ON SHORT-TERM LEASES WITH SIGNIFICANTLY BELOW-MARKET-AVERAGE RENTAL RATES!
  • MASSIVE UPSIDE FOR A BUYER TO INSTANTLY RAISE RENTS AND OBTIAN A 10.2%+ CAP RATE!
  • 8.5% CAP RATE IN 2024 (IN-PLACE)!
  • 10.2% CAP RATE IN 2025!
  • 12.1% CAP RATE IN 2026!
  • 13.6% CAP RATE BY 2027!
  • SELLER FINANCING AVAILABLE!
  • UNITS HAVE BEEN SIGNIFICANTLY UPGRADED IN THE PAST 4 YEARS!
  • RECENT IMPROVEMENTS INCLUDE UPDATED ROOFING, ELECTRICAL UPGRADES, NEW BATHROOMS, NEW HVAC UNITS, AND MUCH MORE!
  • RARE OPPORTUNITY TO OWN AN AMAZING VALUE-ADD PROPERTY IN THE FAMOUS CLARKFULTON NEIGHBOORHOOD OF CLEVELAND OHIO!

Attachments

Getting around

  • 67/100

    Walk Score ®

  • 38/100

    Transit Score ®

  • 63/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Cleveland, OH
  • Neighborhood Clark-Fulton
  • Zip Code 44109
  • Market Cleveland Akron

Points of Interest

  • West Boulevard–Cudell

    2.30 miles

  • West 117th–Madison

    2.93 miles

  • West 3rd

    2.99 miles

  • Triskett

    3.63 miles

  • East 79th

    4.51 miles

  • Cedar–University

    6.25 miles

  • Rockside

    6.52 miles

  • Coventry

    6.91 miles

  • Stokes-Windermere Station

    8.21 miles

  • Warrensville–Van Aken

    9.18 miles

  • BP

    0.66 miles

  • Sunoco

    0.72 miles

  • Pearl Denison Shell

    1.08 miles

  • Sunoco

    1.12 miles

  • Hanini Petroleum

    1.28 miles

  • Ohio City Gas

    1.30 miles

  • BP

    1.31 miles

  • Sunoco

    1.35 miles

  • Express Gas

    1.81 miles

  • Speedway

    1.84 miles

  • View Garage

    0.97 miles

  • Toomey

    1.01 miles

  • St. Ignatius Parking

    1.47 miles

  • West Side Market Parking

    1.71 miles

  • Merwin's Wharf Parking Lot

    2.00 miles

  • Cudell Station Parking

    2.36 miles

  • Collection Auto Group Centre

    2.72 miles

  • Ontario Street Parking Garage

    2.75 miles

  • Gateway East

    2.81 miles

  • 515 Garage

    2.92 miles

  • Cleveland Hostel

    1.56 miles

  • J. Palen House

    1.63 miles

  • Stone Gables Inn

    1.64 miles

  • The Ritz-Carlton

    2.62 miles

  • Renaissance Cleveland Hotel

    2.70 miles

  • Aloft Cleveland Downtown

    2.71 miles

  • Residence Inn Cleveland Downtown

    2.84 miles

  • Hotel Indigo Cleveland Downtown, an IHG Hotel

    2.84 miles

  • Cleveland Marriott Downtown at Key Tower

    2.89 miles

  • Hilton Garden Inn

    2.90 miles

  • Save-A-Lot

    0.87 miles

  • Walmart Supercenter

    1.17 miles

  • Dave's

    1.18 miles

  • Burlington

    1.19 miles

  • Marshalls

    1.39 miles

  • ALDI

    1.39 miles

  • Target

    1.39 miles

  • Save-A-Lot

    1.48 miles

  • Dave's

    1.62 miles

  • Save-A-Lot

    1.65 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

David Rosenthal

Grimaldi Commercial Realty Corp.