4706 Franklin Blvd - Apartments FOR SALE


Cleveland, OH 44102- Detroit-Shoreway
$625,000 USD
216-619-9696
4706 Franklin Blvd, Cleveland, OH for Sale
$625,000 USD
Apartments - FOR SALE
1/11
null | Request Cap Rate

4706 Franklin Blvd
Cleveland, OH 44102
Detroit-Shoreway


OVERVIEW

4606-4610 Franklin Blvd. Eight unit building in a lovely block of Franklin Blvd.'s stately residences amid glorious shade trees. This building has one efficiency, four one bedroom, one two bedroom, and loft style units. All units offer an electric mix of either contemporary two story lofts, featuring exposed brick and skylights, or vintage flats with unique architectural details and abundant natural light. Kitchen appliances include dishwashers, and all units, except the efficiency, have central air. The two loft units have in suite laundries with a coin-op laundry on site for the other units. Updated mechanical systems. The building has 5 off street parking spaces with alley access. Excellent location, easy to rent. With a projected rent for the vacant one bedroom unit of $925, the monthly income is $6870. Ready access to Hinge Town, Gordon Square, West Side Market area and Edgewater Park.

FOR SALE DETAILS

PRICE

$625,000 USD

PRICE/SF

$70 USD /SF

# OF UNITS

8

PRICE/UNIT

$78,125

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1915

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

Two-family

APN/PARCEL ID

002-13-045

ASK ABOUT THIS PROPERTY

David SharkeyProgressive Urban Real EstateMore Info
216-619-9696

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David SharkeyProgressive Urban Real EstateMore Info
216-619-9696

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