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$ 750,000
Est. payment | /mo
5,998 Sqft Lot
$ 750,000
Est. payment | /mo
5,998 Sqft Lot
Key Details
Property Type Commercial
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision William J Langs Lee Heights
MLS Listing ID 5096395
HOA Y/N No
Year Built 1963
Annual Tax Amount $8,851
Tax Year 2024
Lot Size 5,998 Sqft
Acres 0.1377
Property Sub-Type Apartment
Property Description
Discover an incredible investment opportunity with this impressive 9-unit apartment building located at 4467 Lee Rd, Cleveland, OH 44128. Spanning over 8,000 square feet, this all-brick structure offers durability and timeless appeal.
Each of the 9 units features 2 bedrooms and 1 bathroom, making it an ideal option for renters seeking comfortable and spacious accommodations. With 8 of the 9 units already occupied, this property offers immediate cash flow for savvy investors. Projected rent at an average market value exceeds $90,000 in gross income.
Recent updates enhance its value and functionality, including a brand-new roof, basement waterproofing, and cosmetic renovations in several units, ensuring a low-maintenance future for the next owner. The property also boasts private parking, a sought-after amenity for tenants.
Conveniently located in Cleveland's 44128 area, this property is close to shopping, dining, and public transportation, making it highly attractive to prospective renters.
Don't miss your chance to own a solid, income-generating property with substantial upside potential. Schedule your private showing today and take the first step toward expanding your real estate portfolio!
Each of the 9 units features 2 bedrooms and 1 bathroom, making it an ideal option for renters seeking comfortable and spacious accommodations. With 8 of the 9 units already occupied, this property offers immediate cash flow for savvy investors. Projected rent at an average market value exceeds $90,000 in gross income.
Recent updates enhance its value and functionality, including a brand-new roof, basement waterproofing, and cosmetic renovations in several units, ensuring a low-maintenance future for the next owner. The property also boasts private parking, a sought-after amenity for tenants.
Conveniently located in Cleveland's 44128 area, this property is close to shopping, dining, and public transportation, making it highly attractive to prospective renters.
Don't miss your chance to own a solid, income-generating property with substantial upside potential. Schedule your private showing today and take the first step toward expanding your real estate portfolio!
Location
State OH
County Cuyahoga
Interior
Heating Gas
Fireplace No
Exterior
Water Access Desc Public
Roof Type Asphalt
Building
Sewer Public Sewer
Water Public
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 143-13-007
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Special Listing Condition Standard
Listed by Jeffrey McManamon • Hotdoors, LLC • jeff@hotdoors.com 440-227-6739
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "