Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1964
Sq.Footage
N/A
Look at this fantastic Brick Apartment building in Euclid!! Turnkey, fully occupied 10 unit building! This property offers 2 one bedroom units and 8 two bedroom units, on a 95 x 250 lot plus asphalt parking lot with 18 spaces! Gross Income $103,800/year with room for increase (market: $113,580). One bedrooms rent at $665 and $740, two bedrooms: $840, $840, $1100, $850, $850, $850, $975, $940. Updates include: Fully remodeled units: 102, 103,104,105,202,204,205, newly renovated laundry room with newer coin laundry Speed Queen set and maintenance/storage room housing building supplies and 2 spare refrigerators/1 range stove for quick replacement, ($100/month additional income from coin laundry), boilers tuned up/drained/valves repaired/added expansion tank, electrical main shut off upgraded with permit, roof patched 2024 and 2025, units 101,201,203 newer carpet, paint + regular maintenance, newer commercial grade vinyl plank flooring in common area entrance, hallways and stairs! Newer carpet replacement at stairs and landing, and new hot water tank! ALL units have been fully updated with the exception of 101 and 201. Two units were converted to baseboard heating to put heating expense to tenants. POS to be ordered by seller upcoming, will transfer POS compliant! Seller pays for trash removal expense for this property and building to the right. Owner of the building to the right in exchange handles all snow removal throughout the year for this property. Partially fenced in lot! Units have their own AC wall units! Rent Roll, proforma and property information in MLS supplements or can be provided upon request. Close to parks, restaurants, hospital, freeway access, shopping and more! Contact me today with questions! Hurry, this will not last long!
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Basement YN
NO
-
Cooling YN
YES
-
Cooling
Wall Unit(s)
-
Heating YN
YES
-
Heating
Hot Water, Steam
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
Asphalt, Parking Lot
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.5682
-
Property Type
Commercial Sale
-
Property Sub Type
Apartment
Price
-
Sales Price
$695,000
-
Tax Amount
15289.0
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
Euclid CSD - 1813
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Cuyahoga
Elementary School
Euclid CSD - 1813
Middle School
High School
Listing Courtesy of Leilani M Bowersock , Coldwell Banker Schmidt Realty
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