957 E 143rd St - Multi-Family FOR SALE


Cleveland, OH 44110- South Collinwood
$555,000 USD
216-536-8597
957 E 143rd St, Cleveland, OH for Sale
$555,000 USD
Multi-Family - FOR SALE
1/28
null | Request Cap Rate

957 E 143rd St
Cleveland, OH 44110
South Collinwood


HIGHLIGHTS

  • brand new roof
  • all updated
  • lead safe certified
  • Vinyl Windows

OVERVIEW

Perfect investment property where all the work is already done for you! Fully updated 6-unit brick apartment building with extensive improvements throughout. Updates include brand new roof, some new interior walls, fresh paint, new laminate flooring, modern light fixtures, and fully updated kitchens and bathrooms in all units. Some new furnaces and hot water tanks, along with fully updated electrical and plumbing systems as well as all vinyl windows. The property offers two spacious 1-bedroom, 1-bathroom units, each with a private balcony and four 2-bedroom, 1-bathroom units, two of which feature private balconies. 3 units are equipped with kitchen appliance aa well as washer and dryer. The building already passed the Lead Paint Safe inspection and will be fully registered with the city at closing, offering added peace of mind for ownership and compliance. Each tenant has access to individual laundry facilities located in the basement, adding convenience and long-term value. The one-bedroom unit on the first floor is already occupied, providing immediate rental income. Conveniently located close to the freeway with easy access to downtown Cleveland, making this property attractive to both tenants and investors. A solid, low-maintenance investment with major updates already completed and strong rental demand. Videos are available per request. Owner is licensed agent in Ohio.

FOR SALE DETAILS

PRICE

$555,000 USD

PRICE/SF

$60 USD /SF

# OF UNITS

6

PRICE/UNIT

$92,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Updated 6-unit apartment building

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

115-03-030

ASK ABOUT THIS PROPERTY

Iris WheelerKeller Williams Greater Cleveland NortheastMore Info
216-536-8597

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Iris WheelerKeller Williams Greater Cleveland NortheastMore Info
216-536-8597

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