$650,000
$639,900
1.6%For more information regarding the value of a property, please contact us for a free consultation.
0.35 Acres Lot
SOLD DATE : 02/17/2026
Key Details
Sold Price $650,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Subdivision Crestmore Realty Cos Resub
MLS Listing ID 5181650
Sold Date 02/17/26
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1952
Annual Tax Amount $23,718
Tax Year 2025
Lot Size 0.351 Acres
Acres 0.3506
Property Sub-Type Apartment
Property Description
Turn-Key 8-Unit Apartment Building.
Exceptional opportunity to acquire a beautifully upgraded 8-unit apartment building offering immediate income, modernized interiors, and long-term value. Under current ownership, the property has undergone extensive capital improvements, creating a rare opportunity for investors seeking a stabilized asset with additional rent-growth potential.
Multiple units have been thoughtfully renovated with updated kitchens and baths, new flooring, fresh paint, modern fixtures, and enhanced finishes that attract quality tenants and support premium rental rates. A new roof has been installed, and the on-site laundry facility has well maintained washer and dryer equipment, providing added tenant convenience and supplemental income for the owner.
The property features a desirable unit mix including an efficiency, one-bedroom, and two-bedroom apartments appealing to a broad tenant base. A detached garage offers dedicated parking for each unit, creating additional supplemental income. The property is 63% leased. There are three vacancies (Unit #1, Unit #4, and Unit #6), with a blend of long-term and leased tenants providing an immediate value-add opportunity for the new owner.
This is a true turnkey asset ideal for both seasoned and first-time investors looking to expand their portfolio in a high-demand rental market.
Property is being sold As-Is. Seller will make no further repairs. Do not disturb tenants.
Location
State OH
County Cuyahoga
Interior
Heating Forced Air
Cooling None
Fireplace No
Laundry Coin-operated
Exterior
Parking Features Detached, Garage
Water Access Desc Public
Total Parking Spaces 8
Building
Story 2
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories Two
Construction Status Updated/Remodeled
Schools
School District Cuyahoga Heights Lsd - 1811
Others
Tax ID 682-22-010
Financing Private
Special Listing Condition Standard
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Bought with Kim Lewis • Home Equity Realty Group
NEARBY SCHOOLS & BUSINESSES
“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."
1991 Crocker Rd. Suite 600, Westlake, OH, 44145, United States