DESCRIPTION

7 cash flowing units on Clevelands Eastside bringing in over 6800 per month! This brick building is located up the hill near some of Cleveland Heights hottest neighborhoods such as Coventry village, Severance center and University Circle and just a 10 min drive to Cleveland Clinic Main Campus- making it a primo location for tenants. Consists of 4-HUGE and rare 3 bedroom units, 2- 2 bed units and a studio in the lowest level. Each unit has its own furnace, better quality cabinets, granite countertops and vinyl windows. This property is primarily occupied by CMHA tenants which provides the owner guaranteed cash flow. You'll find newer HWT's, new PEX plumbing and coin op laundry in the basement. There is 1st position seller financing available for qualified buyers. Terms based on downpayment and buyers experience. Watch our 3D tour to virtually walk a 3 bed unit. Due diligence packet and OM available.

KEY DETAILS
  • Price:
  • $625,000
  • Bedrooms:
  • 0
  • Full Baths:
  • 0
  • Square Footage:
  • n/a
  • Acreage:
  • 0.20
  • Year Built:
  • 1922
  • MLS #:
  • 4444236
  • Street Address:
  • 14120 Superior Rd
  • City:
  • East Cleveland
  • State:
  • OH
  • Postal Code:
  • 44118
  • County:
  • Cuyahoga
  • Subdivision:
  • Coventry Mayfield Land Cos Su
  • Listing Status:
  • For Sale - Active

Building

  • Basement Description:
  • Full
  • Has Basement:
  • Yes
  • Type Of Roof:
  • Flat, Other
  • Year Built:
  • 1922
  • Year Built Description:
  • Actual Ybt

Business

  • Annual Electric Expenses:
  • 110
  • Annual Insurance Expenses:
  • 410
  • Annual Maintenance Expenses:
  • 300
  • Annual Trash Expenses:
  • 152
  • Annual Water/Sewer Expenses:
  • 194
  • Net Operating Income:
  • 51928

Land

  • Approximate Lot Size Range Source:
  • Assessor
  • Lot Size:
  • 0.1986

Listing

  • On Market Date:
  • 2023-03-17
  • Originating Mls:
  • Yes-Mls
  • Terms:
  • Cash, Conventional

Money

  • Owner Pays:
  • Sewer, Trash Collection, Water
  • Ownership:
  • Resident
  • Tenant Pays:
  • Electricity, Gas

Structures

  • Parking Description:
  • On Site, Outside, Private
  • Parking Spaces:
  • 7

Systems

  • Existing Water:
  • Public
  • Heating:
  • Forced Air, Gas
  • Sewage Type:
  • Public Sewer

Source

  • Listing Provided By: Gregory Erlanger with Keller Williams Citywide

    The listing information herein is provided through the MLS IDX database. Information is deemed reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program of NEOHREX.


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