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Property Description
Unique opportunity to add a stabilized 5-unit, brick multi-family building to your portfolio. This property has incredible street exposure for drive by tenants and free marketing! This property cash flows from day one and will need minor ongoing maintenance. This property has updated pex plumbing, updated electrical, individual furnaces and hot water tanks, and a private detached six car garage that is not currently being utilized! These can be easily rented out for $10-20 month/space adding additional income to your bottom line. All five spaces are large and spacious two bedroom and one bath units with updated tile bathrooms, newer fixtures, carpet, or hardwood throughout, fresh paint and appliances provided by owner! All five units have been renovated to a certain degree and in order to increase rents to the market rate of the building and area ($800) there will need to be very minor work done! Building is fully occupied, do not approach the property or tenants. Thank you! Please see supplements for rent roll, pro forma, and Trailing 12!
Features
: Forced air, Gas
: None, Wall unit(s)
: Covered, Indoor, On Site, Private
Address Map
US
OH
Cuyahoga
Cleveland Heights
44121
2443 Noble Rd
0
W82° 27' 8.9''
N41° 32' 3.4''
MLS Addon
Common Basement,Unfinished
Century 21 HomeStar
50
7024
$0
0

Commercial Sale

2443 Noble Rd, Cleveland Heights, Cuyahoga, Ohio, United States 44121

0.28 Sqft
$250,000
Listing ID #4165527
Basic Details
Property Type : Commercial Sale
Listing ID : 4165527
Price : $250,000
Year Built : 1951
Lot Area : 0.28 Sqft
Status : Active
PropertySubType : Apartment
Agent info
Altobelli Real Estate
Altobelli Real Estate
304 Vienna Ave. (Rt. 46)
Contact Agent