4467 Lee Rd - Apartments FOR SALE


Cleveland, OH 44128- Lee-Miles
$700,000 USD
513-816-2281
4467 Lee Rd, Cleveland, OH for Sale
$700,000 USD
Apartments - FOR SALE
1/22
null | 7.14% Cap Rate

4467 Lee Rd
Cleveland, OH 44128
Lee-Miles


HIGHLIGHTS

  • All 9 units Rented.
  • Updated units, roof, etc.

OVERVIEW

Solid 9 units investment property offering 100% occupancy with tenant paid gas and electric, ensuring consistently low and predictable operating expenses. The building reflects responsible ownership with major capital improvements completed in recent years, including: * New roof installation * Fresh asphalt and parking lot upgrades * Balcony renovations * Basement waterproofing Updated units With a stable tenant base, strong rental history, and significant recent updates, this property stands out as a turnkey, low maintenance addition to any investment portfolio. Ideal for investors seeking reliable cash flow and minimized future capital needs

FOR SALE DETAILS

PRICE

$700,000 USD

PRICE/SF

$87 USD /SF

# OF UNITS

9

PRICE/UNIT

$77,778

CAP RATE

7.14%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1965

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

LR

APN/PARCEL ID

143-13-007,143-13-008

ASK ABOUT THIS PROPERTY

Kamal IstaphanousUnited Real Estate Home ConnectionsMore Info
513-816-2281

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Kamal IstaphanousUnited Real Estate Home ConnectionsMore Info
513-816-2281

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