14174 Superior Road
$2,000,000
14174 Superior Road Cleveland Heights, OH 44118
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About this listing
INVESTOR SPECIAL! TURNKEY 3 property package for a total of 27 units! There are 10 two bed 1 bath units, 17 one bed one bath units split between the two apartment buildings and a triplex. All units have undergone recent renovations including new flooring, paint, mechanics and is a cash flowing machine! Currently at 66% occupancy, property management is working on having all units tenanted in the next few weeks for 100% occupancy. Property management would be able to transfer over to the new owner. At 100% occupancy, this package would be bringing in a gross income of over $300,000 for a 15% cap rate before expenses! These properties do have the ability to be sold individually.You do not want to miss this opportunity! POS to be ordered upon executed contract and buyer to assume POS violations.
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Lot Area
0.2509 acres
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Year Built
1920
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MLS ID
5025209
DESCRIPTION
- • Annual Tax: $ 54751.0
- • Water: Municipal Water
- • Heating Fuel Type: Hydro Heat
- • Sewer: Public
- • Cooling: Central A/C
- • Heating Type: Steam Heat
