Description
Well maintained and with a lot of updates. This six-unit apartment currently has all MTM tenants with below-market rents. Updates include new windows, inside and outside doors, newer gutters, two newer (4 years old) hot water tanks with a spare on hand, a well-maintained flat roof, all units are currently occupied, 3 units recently updated, 1/2 the basement is secured storage for each tenant with laundry, and 1/2 of the basement is used for owner/manager storage. This is a super value-add opportunity to upgrade the suites and turn the units over at higher rents. Great location on West 116th between Detroit and Clifton Blvd. Easy access to Downtown Cleveland, Edgewater Beach, Lakewood, highway access, and public transportation. This is a very easy building to rent and there is room for improvement.
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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS NOW. Real estate listings held by brokerage firms other than HER Realtors are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Placester, Inc. does not display the entire MLS NOW IDX database on this website. The listings of some real estate brokerage firms have been excluded. Information is deemed reliable but not guaranteed. Updated: 25th September, 2023 12:12 PM (UTC)
Listing Office: Keller Williams Grt Cleve NE
