8,803 Sqft Lot
8,803 Sqft Lot
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Crestmore Realty Companys
MLS Listing ID 5256151
HOA Y/N No
Year Built 1950
Annual Tax Amount $15,203
Tax Year 2025
Lot Size 8,803 Sqft
Acres 0.2021
Property Sub-Type Apartment
Property Description
The property features vinyl windows, updated electrical panels, & individual in-suite furnaces & water heaters. A common laundry area adds convenience for residents, while the basement provides additional storage & potential for future improvements. An attached 6-car garage offers covered parking, further enhancing the building's amenities.
Currently vacant, Unit 4 presents an opportunity to select a new tenant & add to the property's rental income. This spacious apartment features hardwood flooring throughout, a renovated kitchen with white shaker-style cabinets, granite countertops, & a new dishwasher. An updated bathroom with a tiled tub surround complements the refreshed kitchen, creating an appealing rental offering.
Existing rental income includes Unit 1 at $750/mo with a lease through 03/31/2027; Unit 2 at $750/mo, with an increase of $920/mo. starting 11/1/26; & Unit 3 at $845/mo on a month-to-month lease. Unit 4, is vacant and the market rent is $1,100/mo. Unit 5 rents at $1,040/mo, lease is through 6/30/2027. Unit 6 rents at $1,020/mo on a month-to-month lease.
Located in Cleveland Heights near the Noble Neighborhood Library, the property also benefits from the community's parks & recreational amenities, with shopping, dining, & public transportation in the surrounding area. With six two-bedroom units, individual mechanical systems, garage parking, & a renovated vacancy, this property deserves a closer look for your next investment! Schedule your showing.
No wholesalers. No Seller financing. No low ball offers.
Location
State OH
County Cuyahoga
Rooms
Basement Full
Interior
Heating Forced Air
Fireplace No
Exterior
Parking Features Attached, Garage
Water Access Desc Public
Roof Type Composition
Present Use Multi-Family
Total Parking Spaces 6
Building
Sewer Public Sewer
Water Public
Level or Stories Three Or More
Schools
School District Cleveland Hts-Univer - 1810
Others
Tax ID 682-22-006
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
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