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$ 550,000
Est. payment | /mo
8,041 Sqft Lot
$ 550,000
Est. payment | /mo
8,041 Sqft Lot
Key Details
Property Type Commercial
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Summit Park
MLS Listing ID 5083791
HOA Y/N No
Year Built 1952
Annual Tax Amount $15,860
Tax Year 2023
Lot Size 8,041 Sqft
Acres 0.1846
Property Description
Great income producing 7 unit building in excellent condition. This building has been well maintained and currently bringing in $5,600/Mo with one vacancy at $900 per unit (1 bed 1 bath) and $1,100 for another unit (2 Bed 1 Bath). Potential rent increase yields $7,750.
This building consists of 5 - 1 bed 1 bath units and 2 - 2 beds 1 bath units.
See attached building finical summary for more information.
This building consists of 5 - 1 bed 1 bath units and 2 - 2 beds 1 bath units.
See attached building finical summary for more information.
Location
State OH
County Cuyahoga
Interior
Heating Forced Air
Fireplace No
Exterior
Water Access Desc Public
Building
Sewer Public Sewer
Water Public
Schools
School District Cleveland Hts-Univer - 1810
Others
Tax ID 682-29-010
Special Listing Condition Standard
Listed by Matthew Howard • Parkview Realty Group Ltd • matt@parkviewrg.com 216-952-3194
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Kim Merckle
REALTOR® | Lic# 2001015588