Cleveland OH Real Estate & Commercial for Sale

Great location, minutes to public transportation, hospitals, universities, shopping and dining. 70% Occupied 14 unit building with 1 and 2 bedroom units that have been updated with: newer cabinets, refinished hardwood floors, new windows, on site laundry room with work table, change, and soda machines.

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.

Discover an exceptional investment opportunity with this well-maintained, income-generating 23-unit apartment building. Whether you're a seasoned investor looking to expand your portfolio or a newcomer to real estate investment, this property offers the potential for substantial returns in a growing rental market.This apartment building offers a mix of 1- and 2-bedroom units to cater to various tenant needs. Many units have been tastefully updated and modernized. With a solid occupancy history and strong rental demand, coupled with updated units that command competitive rental rates, this property has the potential to provide a steady stream of income. This property is conveniently situated near local amenities, public transportation, and educational institutions. It offers easy access to major roadways, making it a desirable location for residents working in Cleveland and surrounding suburbs.This fantastic 23-unit building is a prime investment opportunity in a growing rental market. Contact us today to schedule a viewing!