4,656 Sqft Lot
4,656 Sqft Lot
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Cowles Brooks & Smyths
MLS Listing ID 5149600
HOA Y/N No
Year Built 1920
Annual Tax Amount $5,203
Tax Year 2024
Lot Size 4,656 Sqft
Acres 0.1069
Property Sub-Type Apartment
Property Description
Solid brick 7-unit building with 6 of 7 units occupied. Current rents: $850, $750, $750, $750, $700, $700. One vacant studio ready to lease.
Current Gross Monthly Income: $4,500
Current Gross Annual Income: $54,000
Projected Fully Rented Income: ~$5,100/mo | ~$61,200/yr
Strong rental history, stable tenant base, and great Cleveland location. Reliable cash flow with upside potential ? an excellent portfolio
Location
State OH
County Cuyahoga
Rooms
Basement Apartment, Common Basement, Full, Partially Finished, Storage Space, Walk-Out Access
Interior
Heating Forced Air, Gas, Hot Water, Steam
Cooling None
Fireplace No
Exterior
Fence None
Water Access Desc Public
Roof Type Flat
Present Use Multi-Family
Building
Foundation Basement
Sewer Public Sewer
Water Public
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 115-02-067
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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1991 Crocker Rd. Suite 600, Westlake, OH, 44145, United States