11 Residential units, 3 Storefront Multi-Family FOR SALE


Cleveland, OH - Goodrich-Kirtland Park
$1,000,000 USD
216-600-8399
, Cleveland, OH for Sale
$1,000,000 USD
Multi-Family - FOR SALE
1/3
null | 15.17% Cap Rate

11 Residential units, 3 Storefront
Cleveland, OH
Goodrich-Kirtland Park


OVERVIEW

This is a 11 smaller residential rental units (most are 1 bedrooms, and two bedrooms apartments), with 3 Storefront retail store turnkey Rental — Stable Income-Producing Properties portfolio: This is a rare chance to acquire a packaged portfolio of 2 rental properties consisting of a 4-multifamily homes and two commercial buildings that include 3 storefront and 7 units of walk-up apartments, delivering strong, stable cash flow investment returns. There are two additional single-family homes to be added onto this portfolio if you'd prefer to have a bigger portfolio: one is located in University Heights, the other is located in Beachwood OH. 1) 4-multifamily property: see pictures above, this is two buildings, front and back in the same lot, each has two-family houses (up and down) – with solid structure, full size basement on each of the buildings. Each has its own utility meters separately. 2) Two Commercial Buildings, comprising: This is a property on two lot size, the first floor has 3 Retail Storefronts – Street-level visibility in active China town zones, two large Chinese restaurants just across the street, and two breakfaster restaurants next door, and a Kosher meat market just opposite street; On the second level, there are 7 walk-up apartments: located above storefronts; Total number of rental units (with separate lease): 14 (inc. 3 storefront) Total number of bedrooms: 18 Total number of Bathrooms: 16 Total space of 4-Unit duplex residential rental: 3696 sqft (920 sqft each) Total space of 3 x Storefront: about 1,400 each Total space of 2 commercial building: 14,368 Total number of forced air furnace: 12 Total number of hot water tanks: 14 You can also pick part of the above portfolio for your need too. This is a must-sell deal because of the owner retired. We'd prefer sell as a whole package. We are taking the best offer. If you are interested, please call or text our cell: 216-600-8399 Thank you! TBD Group LLC

ASK ABOUT THIS PROPERTY

Gordon WuTBD Group LLCMore Info
216-600-8399

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Gordon WuTBD Group LLCMore Info
216-600-8399

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.