Super Well Maintained and Updated 14 Unit Garden Style Apartment Building Generating over $10,000/month in rental income. Located off of Noble Road on the border of Cleveland Heights. ***Check out the 360 Degree Panoramic Virtual Tour and Floorplans***. 10 Two Bedroom Units and 4 One Bedroom Units. All units have been updated over the years and have their own furnace and water heater. Full kitchens with updated appliances. Laundry room on the 1st floor. 8 Garage Spots. 12 Units currently rented. Easy access to area shopping, dining, entertainment, etc. Minutes to the freeway. City POS Inspection and financials available upon request. Contact me for a Private Showing Today before this great turnkey investment is SOLD!
Offers must be submitted before visiting. .Solid Brick Spacious 6 Unit Apartment Building close to Euclid Ave. Close to Transportation, Library, Food Eateries. Opportunity to Own and secure 6 rents from one building. Furnished Appliances. Updated Bathrooms, A Money Maker for any creative Investor!
Completely turnkey 7 unit apartment building. Collect $6,525/mo in Section 8 rental income. Email agent for market rent roll & video tour along with complete investment analysis, drone footage, information on the mechanical systems of the building. Professional property management available. Local & out of state investors welcome!
Take a look at this amazing Side by Side 6 unit apartment building! Income producing with incredible room for income improvement upon lease turn! This is the perfect property to add to your real estate portfolio or start off with a great income producing asset! Currently, this property is 66% tenant occupied with monthly rents for all four tenants under market at $750 each plus paying their own gas/electric. Market rent amounts can be up to $1,200 a unit! Increase rents in existing units and start 2 new at market in the two vacant units! Projected section 8 rents at $1500! All units are 2 bedroom/1 bath units with spacious layouts per unit! Brick building! Updates include: NEW vinyl windows throughout, NEW $8K sewer line to building, new stack, bathroom and kitchen updates in ALL units, ALL units completely renovated, newer carpet, ceilings retextured, interior paint, rebuild on left and middle front porch/balcony + supports, and LVP flooring in select units! Selling as is, Buyer to assume any city Point of Sale report items-IF any (No escrow for East Cleveland!), and inspection to be ordered by seller upon contract. Year of Roof and Hvac unknown but in good working order, no leaks, HVAC runs great to units! The two vacant units will be finished with full renovations by closing! No escrow for East Cleveland! Close to shopping centers, restaurants, local transportation, parks, freeway access, hospitals and is in close proximity to downtown Cleveland! Do not miss your opportunity to get your hands on this property! Ask me also about other properties and/or portfolio properties for sale by same owner in the cleveland area and in the Lima area!
Fantastic opportunity! Welcome to this all-brick building featuring 35 Apartments! 23 units offer 1 bedroom and 1 bath and 12 units offer 2 bedrooms and 1 bath! This building and property are well maintained. The current manager may be willing to stay after the title transfer. This turn-key building is currently fully occupied and offers immediate returns with the potential to increase rents in the future. This is a great opportunity for investors. As you view this building, you'll love its beautiful architecture and exemplary charm!
Fantastic opportunity! Welcome to this all-brick building featuring 21 Apartments! All of the units offer 2 bedrooms and 1 bath! The owner Pays for Heat, Sewer, and Water. Tenants Pay for Cooking Gas and electricity. This building and property are well maintained. The current manager may be willing to stay after the title transfer. This turn-key building is currently fully occupied and offers immediate returns with the potential to increase rents in the future. This is a great opportunity for investors. As you view this building, you'll love its beautiful architecture and exemplary charm!
East Cleveland is located in Ohio. East Cleveland, Ohio has a population of 14,212. East Cleveland is less family-centric than the surrounding county with 9.22% of the households containing married families with children. The county average for households married with children is 23.83%.
The median household income in East Cleveland, Ohio is $21,699. The median household income for the surrounding county is $55,109 compared to the national median of $69,021. The median age of people living in East Cleveland is 40 years.
The average high temperature in July is 81.9 degrees, with an average low temperature in January of 22.4 degrees. The average rainfall is approximately 36.8 inches per year, with 51.5 inches of snow per year.
