$540,875
$599,000
9.7%For more information regarding the value of a property, please contact us for a free consultation.
8,054 Sqft Lot
SOLD DATE : 10/25/2024
Key Details
Sold Price $540,875
Property Type Commercial
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Subdivision Barber & Lords Sub
MLS Listing ID 5011966
Sold Date 10/25/24
Construction Status Unknown
HOA Y/N No
Year Built 1900
Annual Tax Amount $17,803
Tax Year 2022
Lot Size 8,054 Sqft
Acres 0.1849
Property Description
7 unit apartment in two buildings. Recent interior modernizations and upgrades. Fully occupied with opportunity
to raise rents to market rates. Newer roof on front building, All building painted and lead-safe. Upgrades include
LVT flooring, kitchen cabinets, appliances and bathrooms. Most mechanicals upgraded throughout the past few years. Huge up side on rent increases.
Currently brings in 6,505 per month. Large upside to increase rents.
Location
State OH
County Cuyahoga
Community Laundry Facilities, Park
Rooms
Basement Apartment, Common Basement, Full, Unfinished
Interior
Heating Forced Air, Gas
Cooling Window Unit(s)
Fireplace No
Exterior
Parking Features On Street
Fence Chain Link, Full, Gate
Community Features Laundry Facilities, Park
Water Access Desc Public
Roof Type Asphalt,Flat
Porch Patio
Building
Sewer Public Sewer
Water Public
Construction Status Unknown
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 003-30-070
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Financing Cash
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Bought with Anthony G Romano • Century 21 Homestar
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "