Introducing an 8-unit brick building investment opportunity nestled in the coveted heart of University Heights – a rare gem in an ideal, prime location. Boasting proximity to educational institutions like John Carroll University (2-minute drive) and Notre Dame College (5-minute drive), as well as quick access to major healthcare centers – a 15-minute drive to Cleveland Clinic Main Campus and a 13-minute drive to University Hospital Main Campus. This property is strategically positioned for success no matter which way you look!The building features (4) 2-bed / 1-bath units with a proforma rent of $1,200/month each and (4) 1-bed / 1-bath units with a proforma rent of $1,000/month each. Notably, 5 out of the 8 units have already been updated with new paint, vinyl flooring, and some kitchen and bathroom enhancements. Convenience is key, with on-site coin-operated laundry and 8 covered garage spots (currently not being charged for) – with potential conservative estimates of $50/unit/month for parking.Each unit is equipped with individual furnaces and hot water tanks, placing utility costs on tenants for electric and gas. The owner's responsibilities include water/sewer and snow removal. Unlock the investment's upside by increasing rents to market rates or targeting the student and medical professional rental markets, possibly through room-sharing arrangements. Don't miss this exceptional opportunity to invest in a well-located property with immediate income potential and room for future growth. See offering memorandum for additional details.
Type | Schulname | Verbandsgemeinde |
---|---|---|
Elementary | Nicht verfügbar | Cleveland Hts-Univer - 1810 |
High | Nicht verfügbar | Cleveland Hts-Univer - 1810 |
Juniorhigh | Nicht verfügbar | Cleveland Hts-Univer - 1810 |
Middle | Nicht verfügbar | Cleveland Hts-Univer - 1810 |
Jahr | Steuern | |
---|---|---|
2023 | USD $22216 | THB ฿756.010* |
*Von Open Exchange Rates in Ihre Währung konvertierter Preis. Wechselkurse unterliegen ständigen Schwankungen. Weder thinkofliving.com noch seine Partner garantieren, dass die Umrechnung dem aktuellen Wechselkurs entspricht und übernimmt keine Verantwortung für etwaige Abweichungen. thinkofliving.com empfiehlt Ihnen zur Sicherheit zusätzlich selbstständig den aktuellen Wechselkurs zu recherchieren.
E-Mail-Anfrage an Russell Real Estate Services
Immobilie ID: 110090025871