8,398 Sqft Lot
8,398 Sqft Lot
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Vansweringen
MLS Listing ID 5145783
HOA Y/N No
Year Built 1920
Annual Tax Amount $16,575
Tax Year 2024
Lot Size 8,398 Sqft
Acres 0.1928
Property Sub-Type Apartment
Property Description
Value-add potential doesn't stop at rents—charge for parking and utilities, or simply bring units to market rate for a projected cap rate over 10%. This is a high-performing asset in a sought-after rental corridor And with a DSCR over 1.25%, it qualifies for most financing options, making it ideal for both new and seasoned multifamily investors.
Location
State OH
County Cuyahoga
Rooms
Basement Apartment
Interior
Heating Electric, Hot Water, Steam
Cooling None, Wall/Window Unit(s)
Fireplace No
Exterior
Parking Features Driveway, Off Street, Parking Lot
Water Access Desc Public
Roof Type Flat
Present Use Commercial
Total Parking Spaces 7
Building
Sewer Public Sewer
Water Public
Schools
School District Shaker Heights Csd - 1827
Others
Tax ID 144-05-007
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1991 Crocker Rd. Suite 600, Westlake, OH, 44145, United States