Cleveland Heights OH Real Estate & Commercial for Sale

This 8 unit apartment building consists of 6 two bedroom units, 1 one bedroom unit and 1 studio. All were remodeled in 2021 with updated kitchens, baths, floors and granite. Rentals gross aprox $8,000 a month and are below area rental market rate for the area. This Cleveland Heights property has access to shopping and all the area has to offer. Property is 100% occupied.

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.

TURNKEY APARTMENT BUILDING! If you are looking cash producing apartment complex that is over 50% occupied, then look no further! Producing over $3,800 in rent a month right now, at max rental occupancy, you will be looking at over $7,000 a month for a total of over $94,044 GCI at a 12.5% cap rate before expenses! This property features 10 one bed one bath units! Each unit features beautiful new floors, tons of natural lighting and spacious bedrooms! Property management is estimating to have all units tenanted by the end of April. Mechanics are also new including the hot water tanks, boiler system and updated electric throughout the entire complex! All it is missing is its new owner! POS to be ordered upon executed contract and buyer to assume POS violations. Mix and match! This property can be purchased individually wiith 684-03-006, 684-03-033 or all 3 for $2,000,000.Hurry! This property won't last long!

TURNKEY APARTMENT BUILDING! If you are looking cash producing apartment complex that is almost at 100% occupancy, then look no further! Producing over $7,500 in rent a month right now, at max rental occupancy, you will be looking at over $11,000 a month for a total of over $135,000 GCI at a 13.5% cap rate before expenses! This property features 14 units, 7 one bed one bath units and 7 two bed one bath units. Each unit features beautiful hardwood floors, tons of natural lighting and spacious bedrooms! Property management is estimating to have all units tenanted by the end of April. Mechanics are also new including the hot water tanks, a brand new $40,000 boiler system and updated electric throughout the entire complex! All it is missing is its new owner! There is one extra unit that needs a complete remodel and could create additional income for the property. Mix and match! This property can be purchased individually, with 684-03-006, 684-03-033 or all 3 for $2,000,000. POS to be ordered upon executed contract and buyer to assume POS violations. Hurry! This property won't last long!

Cleveland Heights building for sale. 2nd floor has 10 offices. First floor has 2 rental salons and a car repair/body shop. Owner selling "as-is". Call for details of current leases.

Beautiful light filled storefront with a great mix of retail, office and warehouse space that would satisfy a wide range of small businesses. Currently used by a plumbing contractor the storefront acts as a customer greeting area and showroom. On one side there are offices, lunchroom and bathroom. Behind the offices there is a large L shaped storage area that wraps around with an entry to the showroom area, a door to the back parking area along with stairs to the basement that has ample room for more storage. The very back room is an attached garage area with a large overhead door to the back parking area perfect for deliveries. The location is a very nice shopping district just north of Monticello. Easy accessibility to I -90 to the north, Severance Town Center, University Circle and all of Heights communities.