1933 Lee Road, Cleveland, OH 44118

$470,000

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Sold Price
$470,000
List Price
$674,900
Status
CLOSED
Days on Market
202
Closing Date
Apr 14, 2025
MLS#
5072412
Subtype
Commercial Sale
Year Built
1935
Acres
0.29
Subdivision
Superior Heights Allotment
Neighborhood
Superior Heights Allotment
MLS Area Major
Cleveland Heights

Property Description

ATTENTION Investors or those wanting to break into Real Estate Investment with a BANG! For Sale: 12-Unit Cash Flowing, Brick Apartment Building! Don’t miss this incredible opportunity to own a well-maintained 13-unit apartment building with close to 70% occupancy! This solid brick property has most of units recently renovated, which has allowed for higher rental rates and increased cash flow. The mix of updated units and long-term tenants offers both stability and growth potential for you as the new owner. Rent roll and expense reports will be provided with an accepted offer, making it easy to see your potential returns. Seize this chance to invest in a property that's already producing income, with plenty of room to add value and maximize profitability. Contact us today for more details!

Additional Information

Taxes
$22,430
Heating
Hot Water, Steam
Air Conditioning
None
Roof
Composition
Parking Features
Asphalt, Parking Lot
School District
Cleveland Hts-Univer - 1810

Listing Courtesy of: Seth L Young, realtor@youngohio.com With Century 21 Premiere Properties, Inc.

Selling Office: Century 21 Premiere Properties, Inc..

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