OH > Cleveland Heights
Cleveland Heights, OH 44118,3214 Berkshire RD
Cleveland Heights, OH 44118,3214 Berkshire RD
Cleveland Heights, OH 44118,3214 Berkshire RD
Cleveland Heights, OH 44118,3214 Berkshire RD
Cleveland Heights, OH 44118,3214 Berkshire RD
Cleveland Heights, OH 44118,3214 Berkshire RD
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Taylor Helmink

Taylor Helmink

+1(216) 219-1954
$ 1,670,000
Est. payment | /mo

0.38 Acres Lot

Save
$ 1,670,000
Est. payment | /mo
Save

0.38 Acres Lot

Key Details

Property Type Commercial

Sub Type Apartment

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 5095310

HOA Y/N No

Year Built 1930

Annual Tax Amount $40,591

Tax Year 2024

Contingent Appraisal,Inspections

Lot Size 0.384 Acres

Acres 0.384

Property Sub-Type Apartment

Property Description

This 19-unit brick building in Cleveland Heights offers an excellent investment opportunity, featuring 16 one-bedroom units and 3 two-bedroom units in a fully secured building. Recent upgrades make this property turn-key and ready for new ownership. The building boasts a brand new boiler with a 10-year warranty, secondary heat sources installed in each unit, updated main and unit electrical panels. Additional revenue comes from a secure detached parking garage and a coin-operated laundry facility, adding to its appeal. A new intercom system enhances tenant safety, and the property is point of sale compliant, requiring no further work before transfer. With many units updated and significant capital improvements already completed, this building provides a low-maintenance, high-potential investment in a desirable Cleveland Heights location. Ideal for investors looking to expand their portfolio and add value with increasing rents up to market. This property is positioned for strong returns and consistent cash flow. Don't miss this opportunity!

Location

State OH

County Cuyahoga

Interior

Heating Dual System, Electric, Radiator(s)

Cooling None

Fireplace No

Exterior

Parking Features Assigned, Garage, On Street

Water Access Desc Public

Total Parking Spaces 15

Garage true

Building

Entry Level Three Or More

Sewer Public Sewer

Water Public

Level or Stories Three Or More

Schools

School District Cleveland Hts-Univer - 1810

Others

Tax ID 687-02-028

Special Listing Condition Standard

Listed by Charles Lewis • Home Equity Realty Group • charles.lewis@heqrealty.com 440-539-4864
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(216) 219-1954

taylor@garucciogroup.com

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3214 Berkshire RD