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2443 Noble Road

Cleveland Heights, OH 44121
  • $270,000
  • STATUS: Active
  • ON SITE: 29 days
  • MLS #: 4278086
UPDATED: 16 min ago
$270,000
  • 0
    BEDS
  • 0.28
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,870
    SQFT
  • $46
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1951
County:

School Ratings & Info

Listing courtesy of Keller Williams Living.
Listing information © 2021 YES-MLS.

Description

Great opportunity to add a stabilized 5-unit, brick multi-family building to your portfolio!!! This property has incredible street exposure for drive-by tenants and free marketing! It cash flows from day one and will need very minimal ongoing maintenance. This property has updated pex plumbing, updated electrical, individual furnaces, hot water tanks, and a private detached six-car garage that is not currently being utilized! These can be easily rented out for $10-20 month/space adding additional income to your bottom line. All five units are large and spacious two-bedroom and one-bath with updated tile bathrooms, newer fixtures, carpet, or hardwood throughout. Unit 1 is currently vacant and being marketed at $800/month. The rest of the units are as follows: Unit 2 paying $690/month with a lease expiring 1/31/22. Unit 3 paying $700/month and is on a month-to-month lease. Unit 4 is paying $715/month and is on a month-to-month lease. Unit 5 is paying $850 and is on a month-to-month lease. All five units have been renovated to a certain degree and in order to increase the rest of the rents to the market rate of the building and area (~$800+), there will be only very minor work needed! The building is being sold AS-IS. Buyer to assume POS violations. Spaces for A/C wall units! See supplements for a breakdown of expenses. Thank you!

Monthly Payment Calculator

Listing information © 2021 YES-MLS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than TG Real Estate are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2021-06-14T23:07:55.843.
www.teamgosney.com/homes/117259972
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2443 Noble Road Cleveland Heights, OH 44121

  • Price: $270,000
  • Status: Active
  • Updated: 16 min ago
  • MLS #: 4278086
0
Beds
0
Baths
0
½ Baths
0.28
Acres
5,870
SQFT
$46
$/SQFT
1951
Built
Neighborhood:
Noble Park Allotment
County:
Cuyahoga
Area:
Cleveland Heights
Property Description
Great opportunity to add a stabilized 5-unit, brick multi-family building to your portfolio!!! This property has incredible street exposure for drive-by tenants and free marketing! It cash flows from day one and will need very minimal ongoing maintenance. This property has updated pex plumbing, updated electrical, individual furnaces, hot water tanks, and a private detached six-car garage that is not currently being utilized! These can be easily rented out for $10-20 month/space adding additional income to your bottom line. All five units are large and spacious two-bedroom and one-bath with updated tile bathrooms, newer fixtures, carpet, or hardwood throughout. Unit 1 is currently vacant and being marketed at $800/month. The rest of the units are as follows: Unit 2 paying $690/month with a lease expiring 1/31/22. Unit 3 paying $700/month and is on a month-to-month lease. Unit 4 is paying $715/month and is on a month-to-month lease. Unit 5 is paying $850 and is on a month-to-month lease. All five units have been renovated to a certain degree and in order to increase the rest of the rents to the market rate of the building and area (~$800+), there will be only very minor work needed! The building is being sold AS-IS. Buyer to assume POS violations. Spaces for A/C wall units! See supplements for a breakdown of expenses. Thank you!
Exterior Features

Roof AsphaltFiberglass

Interior Features

Basement YN No Building Area Total 5870 Cooling NoneWall Unit(S) Cooling YN No Heating Forced AirGas Heating YN Yes

Property Features

Above Grade Finished Area 5870 Lease Considered YN No Listing Terms CashConventionalTrade Property Sub Type Apartment Sewer Public Sewer Tax Annual Amount 7759 Township Cleveland Heights Water Source Public Year Built Details Actual Ybt

Listing information © 2021 YES-MLS.
Listing provided courtesy of Keller Williams Living.
Listing information © 2021 YES-MLS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than TG Real Estate are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2021-06-14T23:07:55.843.
 
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TG Real Estate
22 1/2 S. Main St.
Columbiana OH, 44408
Listing courtesy of Keller Williams Living.
Listing information © 2021 YES-MLS.