8,041 Sqft Lot
8,041 Sqft Lot
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active Under Contract
Purchase Type For Sale
Subdivision Summit Park
MLS Listing ID 5103096
HOA Y/N No
Year Built 1952
Annual Tax Amount $14,207
Tax Year 2024
Contingent Inspections
Lot Size 8,041 Sqft
Acres 0.1846
Property Sub-Type Apartment
Property Description
There are FIVE One bedroom/1bath units and TWO one bedroom/1bath units! Great opportunity for investors looking to add to their portfolio! Immediate cash flow for the new owner! The property is located in Cleveland Heights, a desirable and growing area with easy access to public transportation and major highways. The neighborhood offers a variety of dining, shopping, and entertainment options, making it an attractive location for tenants. The apartments themselves are spacious and well-appointed, with modern amenities such as updated kitchens and hardwood floors, newer hot water tanks and newer 2100 square foot concrete driveway. Gross Rent $7151.00. 5 Sec8 tenants, 2 cash tenants. Overall, this is an excellent investment opportunity with great potential for income and appreciation. Don't miss your chance to own this fantastic property in a desirable location! Hurry this will not last long!
Location
State OH
County Cuyahoga
Rooms
Basement Apartment
Interior
Heating Forced Air
Cooling None
Fireplace No
Laundry Coin-operated
Exterior
Parking Features Attached, Driveway, Garage
Water Access Desc Public
Roof Type Asphalt
Total Parking Spaces 10
Building
Sewer Public Sewer
Water Public
Schools
School District Cleveland Hts-Univer - 1810
Others
Tax ID 682-29-010
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Special Listing Condition Standard
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