2003 Warrensville Center Rd - Apartments FOR SALE


South Euclid, OH 44121
$620,000 USD
216-644-9851
2003 Warrensville Center Rd, South Euclid, OH for Sale
$620,000 USD
Apartments - FOR SALE
1/12
null | 6.4% Cap Rate

2003 Warrensville Center Rd
South Euclid, OH 44121


OVERVIEW

Discover a remarkable investment opportunity in the heart of South Euclid with this expansive and well maintained property. Spanning 6,972 square feet, this versatile building offers six distinct apartments, making it a perfect choice for investors that are seeking a multi-unit apartment building. The property features a total of 6 apartments : four two-bedroom units (3 of which with 1.5 baths and 1 with 1 full bath), one one-bedroom unit, and a charming studio. Residents appreciate the convenience of the coin-based washer and dryer on-site, as well as the impressive six-car covered garage, ensuring ample parking and protection from the elements. Each apartment comes with locked storage, providing ample space for tenants to securely store their belongings. Additionally, there is a separate storage area designated for the owner’s use. One of the units (2 bedroom apartment) is currently furnished and rented as a midterm option, providing flexibility and immediate rental income potential. Situated in a central location, this property offers easy access to local amenities and transportation, making it an attractive choice for tenants. With its well-kept condition and numerous features, this building is a fantastic investment in a vibrant community. Don't miss the chance to own a piece of South Euclid's real estate landscape. Showing for this property will be provided only after the buyer's agent will send a letter of intent or an offer. All financials information will be offered in the supplement section. The property will be sold point of sale compliant. Please email/text questions to Gal@galileo-realty.com or 216-644-9851

FOR SALE DETAILS

PRICE

$620,000 USD

PRICE/SF

$89 USD /SF

# OF UNITS

6

PRICE/UNIT

$103,333

CAP RATE

6.4%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Joyce Manor

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,362 SF

ZONING

A01, S Euclid

APN/PARCEL ID

704-16-013

ASK ABOUT THIS PROPERTY

Gal FoxGalileo Realty LLCMore Info
216-644-9851

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Gal FoxGalileo Realty LLCMore Info
216-644-9851

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