OH > Cleveland Heights > Euclid Heights Allotment
Cleveland Heights, OH 44106,2215 Overlook RD
Cleveland Heights, OH 44106,2215 Overlook RD
Cleveland Heights, OH 44106,2215 Overlook RD
Cleveland Heights, OH 44106,2215 Overlook RD
Cleveland Heights, OH 44106,2215 Overlook RD
Cleveland Heights, OH 44106,2215 Overlook RD
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Shawana Hanson

Shawana Hanson

+1(216) 971-3161
$ 1,750,000
Est. payment | /mo

0.89 Acres Lot

Save
$ 1,750,000
Est. payment | /mo
Save

0.89 Acres Lot

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision Euclid Heights Allotment

MLS Listing ID 5122361

HOA Y/N No

Year Built 1973

Annual Tax Amount $53,844

Tax Year 2024

Lot Size 0.886 Acres

Acres 0.886

Property Sub-Type Apartment

Property Description

Welcome to Overlook Arms, a rare 20-unit multifamily investment opportunity located just steps from Little Italy, the Cleveland Clinic Main Campus, and Case Western Reserve University. This ideally positioned property offers a secluded suburban feel while being surrounded by vibrant bars, restaurants, and nightlife. With 16 one-bedroom and 4 two-bedroom units, the building is perfect for student housing or market-rate tenants seeking unbeatable convenience. Ten of the units have been fully renovated and four more lightly updated, allowing for immediate upside through increased rents. Residents enjoy a spacious common entryway, on-site coin-operated laundry, covered parking, and a flat utility reimbursement as well as cable and internet, boosting cash flow. Overlook Arms combines prime location and easy value-add potential—making it a must-see asset in one of Cleveland's most desirable rental markets.

Location

State OH

County Cuyahoga

Interior

Heating Hot Water, Steam

Fireplace No

Exterior

Parking Features Covered, On Site, Paved

Water Access Desc Public

Building

Foundation Slab

Sewer Public Sewer

Water Public

Schools

School District Cleveland Hts-Univer - 1810

Others

Tax ID 685-02-010

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Standard

Listed by Tal Tamir • Russell Real Estate Services • tal@premierclevelandinvesting.com 216-870-8687
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"Whether you're looking to purchase your first home, dream home, investment property, and/or sell your current home, I am committed to providing you with high-quality bespoke services."

+1(216) 971-3161

info@luxehauscle.com

1991 Crocker Rd. Suite 600, Westlake, OH, 44145, United States

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