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eXp Realty
2762 Noble Road, Cleveland Heights, OH 44121
- $792,000
- List Price
- $792,000
- Status
- ACTIVE
- Days on Market
- 6
- MLS#
- 5258327
- Subtype
- Commercial Sale
- Year Built
- 1956
- Acres
- 0.37
- Subdivision
- Summit Park
- Neighborhood
- Summit Park
- MLS Area Major
- Cleveland Heights
Property Description
Eight 1 bed/1 bath apartments. Electrical in the units was updated within the last 3 years. Lead safe certified with the 20-year option. 2026 city certificate of rental occupancy. Scheduled rent is $5,729/month. Current rents range from $625 to $775, so bringing older leases up to market is a clear value-add. One unit is vacant and ready to lease. 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, 2657 Noble and 4016 Silsby.
Additional Information
- Taxes
- $15,088
- Heating
- Forced Air, Gas
- Air Conditioning
- None
- Stories
- 2
- Levels
- Two
- Roof
- Composition, Flat, Shingle
- School District
- Cleveland Hts-Univer - 1810
Listing Courtesy of: Kit Custer, kitsoldit@gmail.com With RE/MAX Transitions
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