$699,900

14120 Superior Road , Cleveland, OH 44118

 
Bedrooms:0 beds
Bathrooms:0 baths
Commercial Sale:0 sqft
Lot:0.2
Year Built:1922
Listing Status:Active

Listing Agent

Mathew Chase
http://www.kwcleveland.com
Loan Amount:
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Monthly Principal + Interest:$
Monthly tax: $
Total Payment:$

These amounts are estimates and do not take into consideration other expenses such as PMI, etc.. This is only an estimate.

Description

INCREDIBLE INVESTMENT OPPORTUNITY. According to CMHA 2025 rental rates, this property would bring in 155k a year! In the 44118 Cleveland Heights Zip Code (ask agent for document on updated rental rates) this is the one to snag. Beautiful brick 7 unit building. Four, very large 3 bedroom units projected to bring in up to $8,488 each a month, two very large two bedroom units to bring in $3,288 a month and a large studio in the basement to bring in $1,200 a month= up to $12,976 a month/155k a year. Some units occupied, however, with taking advantage of the CMHA guaranteed income with the updated rents, would be best to stabilize on own. Talk about profit.. Updated most units, newer hot water tanks. Each unit has it's own furnace and H20 tank/separate electric and gas meters. Basement has coin laundry and newer PEX plumbing has been installed. Each unit has separate front/back door and there is a parking lot out back. Close to Coventry Village, Severance center, University Circle and just a 10 min drive to Cleveland Clinic Main Campus. Location, location plus immense cash flow. Call your agent today!

Detailed Items

Other Information

14120 Superior Road, Cleveland, OH, 44118 is a commercial sale listing of 0 sqft on a lot of 0.2. This commercial sale listing has 0 bedrooms, and 0 baths. The map for this location can be viewed on Google maps at Google maps to property14120 Superior Road, Cleveland, OH
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