2657 Noble Road, Cleveland Heights, OH 44121

$594,000

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List Price
$594,000
Status
ACTIVE
Days on Market
2
MLS#
5258081
Subtype
Commercial Sale
Year Built
1950
Acres
0.22
Subdivision
Crestmore
Neighborhood
Crestmore
MLS Area Major
Cleveland Heights

Property Description

Six 2 bed/1 bath apartments. A uniform unit mix that is easy to manage and easy to rent. Scheduled rent is $5,700/month. One unit is vacant and ready for a new tenant. Current rents run $825 to $975, so there is upside for the next owner. Lead safe certified with the 20-year option. Newer windows. 2026 city rental compliance certificate. Units are separately metered. Owner pays water only. Seller financing available: 60% down, 7% interest, 20-year amortization, 3-year balloon. Buy this building on its own, or as part of a 25-unit, 4-building portfolio with 2565-69 Noble, 2762 Noble and 4016 Silsby.

Additional Information

Taxes
$16,469
Heating
Forced Air
Air Conditioning
Central Air
Stories
3
Levels
Three Or More
Roof
Composition, Flat, Rubber
Foundation
Basement
Parking Features
Detached, Garage, Paved
School District
Cleveland Hts-Univer - 1810

Listing Courtesy of: Kit Custer, kitsoldit@gmail.com With RE/MAX Transitions

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