$650,000
$995,000
34.7%For more information regarding the value of a property, please contact us for a free consultation.
0.69 Acres Lot
SOLD DATE : 11/29/2022
Key Details
Sold Price $650,000
Property Type Commercial
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Subdivision Citizens Real Estate Co
MLS Listing ID 4411769
Sold Date 11/29/22
HOA Y/N No
Year Built 1962
Annual Tax Amount $62,923
Lot Size 0.686 Acres
Acres 0.6864
Property Description
Diamond in the rough! 16 units consisting of 8 2 bedroom and 8 3 bedroom units with 1.5 baths and attached garages, Townhouse style with garage roof top patio/decks. Units average over 1100 sq. feet each. Currently 3 occupied and 13 ready for some updating and renting out. 4 units currently rented at 3063.00 per month income. 13 other units should be around 1200 to 1500 each rental. Potential for GREAT income! Individual utilities on all units, newer furnaces and hot water tanks. Windows are all vinyl. This is ready for the re do! Come and make some money on this building. So much potential for an owner operator. Possible condo conversion as well.
Location
State OH
County Cuyahoga
Interior
Heating Forced Air, Gas
Cooling Wall Unit(s)
Fireplace No
Exterior
Garage Covered, Paved
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Parking Type Covered, Paved
Building
Story 2
Foundation Slab
Sewer Public Sewer
Water Public
Schools
School District Cleveland Hts-Univer - 1810
Others
Tax ID 683-05-013
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
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Bought with Greg Willis • Howard Hanna
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REALTOR® | Lic# 2001015588