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13309 S Woodland Road

Shaker Heights, OH 44120
  • $1,649,995
  • STATUS: Active
  • ON SITE: 90 Days
  • MLS #: 5029293
Price Reduced
$1,649,995
  • 0
    BEDS
  • 0.44
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1920
County:

School Ratings & Info

School District:
Listing courtesy of Coldwell Banker Schmidt Realty.
Listing information © 2024 YES-MLS.

Description

Turnkey key 17 unit apartment complex waiting for its new owner! This property is a cash flowing machine! Current gross income at an 82.4% occupancy rate is $154,692 with a cap rate of 9.1% before expenses! Units range between 1-3 bedrooms and all are varying with different tudor style layouts for each unit. Featuring grand architecture on the exterior property, this one is a must add to your real estate portfolio! Units include beautiful hardwood flooring, large open living rooms with a ton of natural lighting, new interior paint, lvp flooring and very spacious floor plans! Street parking and parking spaces in the back of the building along with public transportation are available. Each apartment unit can be newly renovated and turned into a condo development for maximum return value, or keep it for your own personal rental portfolio. Mechanics are all newer and in great condition! Close proximity to shopping, restaurants, public transportation, freeway access, hospitals and much more. Hurry! This property will not last long!

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Listing information © 2024 YES-MLS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than Kennen & Kennen Realtors are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2024-07-19T00:08:25.627.
www.kennenrealtors.com/homes/149488115
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13309 S Woodland Road Shaker Heights, OH 44120

  • Price: $1,649,995
  • Status: Active
  • On Site: 90 Days
  • MLS #: 5029293
0
Beds
0
Baths
0
½ Baths
0.44
Acres
1920
Built
Neighborhood:
Van Sweringen Companys Sub #1
County:
Cuyahoga
Area:
Shaker Heights
School District:
Shaker Heights CSD
Property Description
Turnkey key 17 unit apartment complex waiting for its new owner! This property is a cash flowing machine! Current gross income at an 82.4% occupancy rate is $154,692 with a cap rate of 9.1% before expenses! Units range between 1-3 bedrooms and all are varying with different tudor style layouts for each unit. Featuring grand architecture on the exterior property, this one is a must add to your real estate portfolio! Units include beautiful hardwood flooring, large open living rooms with a ton of natural lighting, new interior paint, lvp flooring and very spacious floor plans! Street parking and parking spaces in the back of the building along with public transportation are available. Each apartment unit can be newly renovated and turned into a condo development for maximum return value, or keep it for your own personal rental portfolio. Mechanics are all newer and in great condition! Close proximity to shopping, restaurants, public transportation, freeway access, hospitals and much more. Hurry! This property will not last long!
Exterior Features

Attached Garage YN No Parking Features Parking Lot On Street Roof Slate

Interior Features

Basement Unfinished Basement YN Yes Building Area Total 22360 Cooling None Cooling YN No Heating Gas Hot Water Steam Heating YN Yes Main Level Bathrooms 0

Property Features

Elementary School District Shaker Heights CSD - 1827 Middle Or Junior School District Shaker Heights CSD - 1827 Property Sub Type Apartment Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 10609 Township Shaker Heights Water Source Public

Listing information © 2024 YES-MLS.
Listing provided courtesy of Coldwell Banker Schmidt Realty: 440-951-1410.
Listing information © 2024 YES-MLS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than Kennen & Kennen Realtors are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2024-07-19T00:08:25.627.
 
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Kennen & Kennen Realtors
2241 Chapline St.
Wheeling WV, 26003
Listing courtesy of Coldwell Banker Schmidt Realty.
Listing information © 2024 YES-MLS.