18915-18923 Hilliard Boulevard, Rocky River, OH 44116

$1,225,000

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Sold Price
$1,225,000
List Price
$1,350,000
Status
CLOSED
Days on Market
214
Closing Date
Feb 27, 2024
MLS#
4476714
Subtype
Commercial Sale
Year Built
1952
Acres
0.37
Subdivision
Old Colony Realty Co
Neighborhood
Old Colony Realty Co
MLS Area Major
Rocky River

Property Description

Welcome to your newest investment opportunity! These meticulously maintained apartment buildings in Rocky River are a true gem! The buildings offer 6- 2 bedroom units, 4 - 1 bedroom units and 2 studios. The units have been completely updated and modernized and offer comfortable, spacious living spaces for tenants! The buildings offer the convenience of 2 garages that hold 5 cars in each. Located close to all the amenities, including shopping, dining, and entertainment options, this location is unbeatable! Over the last few years there have been over $220,000 in improvements including a full rehab of 10 units (2 units are 20+ year tenants), new roof, garage, LED lights throughout, water efficient showers/toilets etc., hallways & common areas have been updated and so much more! This property has proven to be a profitable and reliable investment. Don't wait - make your move today and start reaping the rewards of owning this exceptional property!

Additional Information

Taxes
$21,838
Heating
Forced Air, Gas
Air Conditioning
Wall Unit(s)
Parking Features
Assigned, Covered, Driveway, Paved
School District
Rocky River CSD - 1826

Listing Courtesy of: Christopher Moscarino, cmoscarino@kw.com With Keller Williams Elevate

Selling Office: Keller Williams Citywide.

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