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287 E 156th St
Cleveland, OH 44110 Waterloo Arts District

$399,000 USD

Apartments For Sale  •  5,014 SF

Property Details

  • Property Type Apartments
  • Total Building Size 5,014 SF
  • Lot Size 0.14 AC
  • Building Class C
  • Year Built 1960
  • Zoning LR
30 Transit Score
40 Walk Score

Highlights

Owned and managed by out of state investors
Located in the Waterloo Arts District, one of Cleveland’s most creative and revitalizing neighborhoods, known for its galleries, and live music venues
Significant rent growth potential with in-place rents $100+ below comparable properties
66% of units updated with LVP flooring, new kitchen cabinetry, countertops, bathroom vanities, tub surrounds, and hot water tanks
All units have individual furnaces, hot water tanks, and through-wall air conditioning units

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Microwave
  • Tenant Controlled HVAC
  • Heating
  • Smoke Free
  • Kitchen
  • Refrigerator
  • Sprinkler System
  • Range
  • Tub/Shower
  • Walk-Up
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
Cleveland Lakefront Station (Blue Line - Greater Cleveland Regional Transit Authority Rapid Transit (The Rapid), Green Line - Greater Cleveland Regional Transit Authority Rapid Transit (The Rapid)) 15 min - 8.5 mi
AirportDriveWalkDistance
Cleveland-Hopkins International 33 min - 22.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Michael Barron 216-264-2048 Institutional Property Advisors
Michael Barron 216-264-2048 Institutional Property Advisors