1762 Cleveland

Court-Appointed Receiver sale of 1762–1768 Cleveland Avenue, an eight-unit multifamily property located at the corner of Cleveland and Carter Avenue. The brick building comprises eight one-bedroom units, six of which are currently occupied, offering existing rental income with additional upside through lease-up and potential rent increases. The property benefits from proximity to public transportation, neighborhood retail, and major employment corridors, supporting sustained long-term rental demand. The property is being sold AS-IS, WHERE-IS, free and clear of liens, with taxes prorated through the date of closing, and the Receiver will convey insurable title. A buyer’s premium of 10% will apply to the accepted purchase price. Financing and due diligence contingencies are not permitted, and the sale is subject to court approval. All information, including photos, marketing materials, and due diligence items, is provided for reference only and is believed to be accurate but is not guaranteed; buyers are responsible for independently verifying all property details, reports, and any potential code violations and acknowledge reliance solely on their own investigation. The Receiver reserves the right, in its sole discretion, to accept or reject any offer at any time without notice. Unrepresented buyers may contact Kurt at kurt@prodigyprop.com
for questions or to schedule a tour.