Skip To Content

14174 Superior Road

Cleveland Heights, OH 44118
  • $1,919,900
  • STATUS: Active
  • ON SITE: 111 Days
  • MLS #: 5025209
Price Reduced
$1,919,900
  • 0
    BEDS
  • 0.25
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1920
County:

School Ratings & Info

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

Description

INVESTOR SPECIAL! TURNKEY 3 property package for a total of 27 units! There are 10 two bed 1 bath units, 17 one bed one bath units split between the two apartment buildings and a triplex. All units have undergone recent renovations including new flooring, paint, mechanics and is a cash flowing machine! Currently at 66% occupancy, property management is working on having all units tenanted in the next few weeks for 100% occupancy. Property management would be able to transfer over to the new owner. At 100% occupancy, this package would be bringing in a gross income of over $300,000 for a 15% cap rate before expenses! These properties do have the ability to be sold individually.You do not want to miss this opportunity! POS to be ordered upon executed contract and buyer to assume POS violations.

Monthly Payment Calculator

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 2024-07-12T00:09:13.753.
www.kennenrealtors.com/homes/148816058
Print Image

14174 Superior Road Cleveland Heights, OH 44118

  • Price: $1,919,900
  • Status: Active
  • On Site: 111 Days
  • MLS #: 5025209
0
Beds
0
Baths
0
½ Baths
0.25
Acres
1920
Built
Neighborhood:
Ridge Road
County:
Cuyahoga
Area:
Cleveland Heights
School District:
Cleveland Hts-Univer
Property Description
INVESTOR SPECIAL! TURNKEY 3 property package for a total of 27 units! There are 10 two bed 1 bath units, 17 one bed one bath units split between the two apartment buildings and a triplex. All units have undergone recent renovations including new flooring, paint, mechanics and is a cash flowing machine! Currently at 66% occupancy, property management is working on having all units tenanted in the next few weeks for 100% occupancy. Property management would be able to transfer over to the new owner. At 100% occupancy, this package would be bringing in a gross income of over $300,000 for a 15% cap rate before expenses! These properties do have the ability to be sold individually.You do not want to miss this opportunity! POS to be ordered upon executed contract and buyer to assume POS violations.
Exterior Features

Attached Garage YN No

Interior Features

Basement YN Yes Cooling Central Air None Cooling YN No Heating Hot Water Steam Heating YN Yes Main Level Bathrooms 0

Property Features

Elementary School District Cleveland Hts- Univer - 1810 Middle Or Junior School District Cleveland Hts- Univer - 1810 Property Sub Type Apartment Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 54751 Township Cleveland 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 2024-07-12T00:09:13.753.
 
https://bt-photos.global.ssl.fastly.net/normls/orig_boomver_1_5025209-2.jpg https://bt-photos.global.ssl.fastly.net/normls/orig_boomver_1_5025209-2.jpg https://bt-photos.global.ssl.fastly.net/normls/orig_boomver_1_5025209-2.jpg
Logo
Kennen & Kennen Realtors
2241 Chapline St.
Wheeling WV, 26003
Listing courtesy of Coldwell Banker Schmidt Realty.
Listing information © 2024 YES-MLS.