$180,000
$225,000
20.0%For more information regarding the value of a property, please contact us for a free consultation.
4,620 SqFt
SOLD DATE : 07/22/2021
Key Details
Sold Price $180,000
Property Type Commercial
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 4,620 sqft
Price per Sqft $38
Subdivision Ingersoll Heights
MLS Listing ID 4280630
Sold Date 07/22/21
HOA Y/N No
Abv Grd Liv Area 4,620
Total Fin. Sqft 4620
Year Built 1960
Annual Tax Amount $1,547
Lot Size 0.260 Acres
Acres 0.2604
Property Sub-Type Apartment
Property Description
8 unit investment opportunity with strong upside potential. 6 units current occupied by cash tenants. 1 unit vacant, requires new flooring to be rentable. 1 unit vacant, requires more extensive remodel to be rentable. Strong upside for NOI under good management. Currently no section 8 tenants, but great opportunity for stabilizing and increasing rents. All tenants month to month.
Location
State OH
County Cuyahoga
Interior
Heating Gas, Hot Water, Steam
Cooling Wall Unit(s)
Fireplace No
Exterior
Parking Features Outside, Paved
Water Access Desc Public
Roof Type Flat
Building
Story 2
Sewer Public Sewer
Water Public
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 121-32-033
Financing Other
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Bought with Robert J Cole • RE/MAX Above & Beyond
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "