$901,000
( $68.76Per Sq Foot )
 $5,994 est/mo Sourced by Back At You

2545 Kenilworth Street , Cleveland Heights, OH 44106

Cleveland Heights, OH 44106

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Description

Prime Location - Don't miss this incredible real estate investment opportunity! This impressive 11-unit building boasts a steady 90% or better occupancy rate; currently, we are fully occupied. All units have their furnace (in-unit), and a/c units are on the roof. The exception is #10, which has a furnace in the laundry room, two hot water heaters in the laundry supply of the building, and onsite laundry for eight two-bedroom and three one-bedroom apartments. A new roof was installed in 2013, and all new windows, except for two units, were installed in 2016. This property is 100% pet and smoke-free. Nestled at the top of Murray Hill near the charming Little Italy neighborhood, this well-maintained two-story, all-brick building with no basement is a solid investment. The spacious lot includes a detached all-brick carport with space for approximately 30 vehicles and ample street parking. While the apartments could benefit from some cosmetic updates, doing so can increase rental rates and a higher return on investment, making it a promising opportunity to enhance the property's value.

Details

MLS#5068639
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Year1958
Days On Site63
Listing Provided ByEXP Realty, LLC. | Torry McJunkins

Features

SQ Feet13,104
Car PortYes
Units11
Building(s)1
ZoningCommercial
Acreage0.44

Market Activity 44106

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Listings Checked: 4 minutes ago
StateOH
CountyCuyahoga
CityCleveland Heights
Zip Code44106
Listing VS Median (in 44106)
Price:
$901,000
low | high
Med:
$325,000
100% of Average
SqFt:
13,104
low | high
Med:
1,388
100% of Average
$ / SqFt:
$69
low | high
Med:
$234
100% of Average
On Site:
63
low | high
Med:
192.000000
32.8125% of Average
Sourced by Back At You
Listing Updated: September 30, 2024 at 6:02:43 PM PDT