$1,919,900 $12,773 est/mo Sourced by Back At You

14174 Superior Road,Cleveland Heights, OH 44118

Cleveland Heights OH, 44118

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Description

INVESTOR SPECIAL! TURNKEY 3 property package for a total of 27 units! There are 10 two bed 1 bath units, 17 one bed one bath units split between the two apartment buildings and a triplex. All units have undergone recent renovations including new flooring, paint, mechanics and is a cash flowing machine! Currently at 66% occupancy, property management is working on having all units tenanted in the next few weeks for 100% occupancy. Property management would be able to transfer over to the new owner. At 100% occupancy, this package would be bringing in a gross income of over $300,000 for a 15% cap rate before expenses! These properties do have the ability to be sold individually.You do not want to miss this opportunity! POS to be ordered upon executed contract and buyer to assume POS violations.

Details

MLS#5025209
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Year1920
Days On Site120
Listing Provided ByColdwell Banker Schmidt Realty | Morgan McClain
Buying Commision1%

Features

Acreage0.25

Market Activity 44118

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Listings Checked: 7 minutes ago
StateOH
CountyCuyahoga
CityCleveland Heights
Zip Code44118
Community NameRidge Road
Listing VS Median (in Ridge Road)
Price:
$1,919,900
low | high
Med:
$850
100% of Average
On Site:
120
low | high
Med:
4.000000
100% of Average
Sourced by Back At You
Listing Updated: July 9, 2024 at 10:03:18 PM PDT