2230 Denison Avenue
Cleveland, OH 44109, Cuyahoga County
6
Beds
5
Baths
4,932
Sq. Feet
Opening Bid
$80,000
Opening Bid
$80,000
2230 Denison AvenueCleveland, OH 44109, Cuyahoga County
6
Beds
5
Baths
4,932
Sq. Feet
3,842 Views
Important Information
Property Details
Beds
6
Baths
5
Square Footage
4,932
Lot Size (Acres)
0.24
Property Type
Multi Unit Building
Year Built
1900
Special Notes
Turn-of-the-century mixed use multi unit value-add investment opportunity in the rapidly appreciating Brooklyn Centre neighborhood of Cleveland. This asset includes a street level storefront plus three additional units currently grandfathered as commercial space with clear potential for residential conversion allowing an investor to significantly increase rental income and overall valuation.
The property offers strong structural bones over 10 off street parking spaces and a large yard providing excellent light and functionality. Located less than five minutes from the Cleveland Metroparks Zoo and MetroHealth main campus and under ten minutes to downtown Cleveland via multiple routes, this location supports consistent tenant demand and long term appreciation.
The neighborhood is highly walkable with extensive public transportation access and proximity to major employment hubs, retail dining and public services. The City of Cleveland offers multiple revitalization and incentive programs that may apply creating an opportunity to reduce renovation costs and accelerate returns.
This is a high upside asset ideal for investors seeking forced appreciation, scalable cash flow and portfolio growth in one of Cleveland’s most active redevelopment corridors. Secure the value, create the income and capitalize on the momentum.
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Top FAQs
Will I be able to see the interior of the house, or inspect the property before I bid?
Please check on this page for any mentioning of Open Houses, Private Tours available, or Inspection Contingency accepted. If none of these are available, you shall assume that you will not be able to see the interior of the house, and you are not entitled to an inspection prior to bidding.
Can I use financing to buy this property?
Typically, no. Be sure to check the property listing to see if financing is considered. Most properties on Auction.com are sold cash-only. That means you must pay the entire purchase amount by the closing date.
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You may contact the listing agent directly. Their contact information is typically displayed on the property's listing page.
Will the property be free and clear of all liens?
Private Seller properties are typically offered with clear title. However, it's the buyer's responsibility to do their own due diligence like a title search and talk to a professional to check for any debts or issues before bidding.
What happens if I am the winning bidder?
If you are the highest bidder at the end of an auction, here are your post-auction obligations:
- Contract Information: You'll receive an email confirming you have the highest bid. You will then need to provide important contracting information by filling out a form online. You can preview the required information on this form as a printable checklist. Make sure to submit the form within 1 business day.
- Purchase Agreement: Once everything is verified, the Purchase Agreement will be generated and you will need to sign and return the document for the seller to review and sign.
- Proof of Funds: You need to provide Auction.com a copy of your Proof of Funds by email within 2 business days.
- Earnest Money Deposit: Unless otherwise specified on your purchase agreement, you will need to send the Earnest Money Deposit to the closing company within 2 business days of receiving the transfer instructions. Send Auction.com a copy of your confirmation receipt within 1 business day of sending funds.
Transaction Details
- By submitting a bid or offer, Buyer agrees to sign the Purchase Documents in compliance with the Participation Terms. The Seller is not bound to any agreement with Buyer until the Purchase Documents have been signed by both parties.
Auctioneer Licensing Information
Auction.com, Inc. – License No. REC.2016005246 (RE Broker),
Lee Leslie – License No. BRKP.2010002558 (RE Broker),
Auction.com - OH, Inc. - License No. 2022000073 (Auctioneer)
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