24512 Emery Rd - Apartments FOR SALE


Warrensville Heights, OH 44128
$549,900 USD
440-796-0425
24512 Emery Rd, Warrensville Heights, OH for Sale
$549,900 USD
Apartments - FOR SALE
1/26
null | Request Cap Rate

24512 Emery Rd
Warrensville Heights, OH 44128


OVERVIEW

Prime Investment Opportunity in an Unbeatable Location! Just minutes from Pinecrest, Legacy Village, an array of restaurants, Beachwood Mall, and only a 20-minute drive to both Cleveland Hopkins Airport and downtown Cleveland, this multifamily property is a rare find. Nestled on a spacious triple lot, this fully remodeled 3-4 unit residence is designed for maximum income potential. The first floor features a two-bedroom apartment with a generous family room, a spacious eat-in kitchen, a dining room, a sunroom, and a beautifully updated full bathroom. On the other side of the first floor, a one-bedroom apartment offers a private bedroom, full bathroom, and kitchen. At the rear of the property, a charming studio unit boasts a remodeled kitchen and bathroom. A standout feature of this property is the six-bedroom rental suite, accessible via a private staircase. Each bedroom is leased individually, with shared access to a modernized kitchen and full bathroom—ideal for tenants working at Thistledown Horse Track, just three minutes away. Extensive updates include a new roof, vinyl siding, gutters, vinyl windows, boiler, updated kitchen appliances, remodeled kitchens and bathrooms, refinished hardwood floors, luxury vinyl flooring, new carpeting, and a freshly seal-coated driveway and parking area. This is an incredible opportunity for investors looking for a high-yield property in a prime location. Don't miss out on this exceptional income-generating asset!

FOR SALE DETAILS

PRICE

$549,900 USD

PRICE/SF

$117 USD /SF

# OF UNITS

4

PRICE/UNIT

$137,475

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1854

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.69 AC

LAND SF

29,975 SF

ZONING

U-1A1

APN/PARCEL ID

763-19-011

ASK ABOUT THIS PROPERTY

Michael KaimThe Real BrokerageMore Info
440-796-0425

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Michael KaimThe Real BrokerageMore Info
440-796-0425

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