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.
教育階段 | 學校名稱 | 學區 |
---|---|---|
Elementary | 無法使用 | Cleveland Hts-Univer - 1810 |
High | 無法使用 | Cleveland Hts-Univer - 1810 |
Juniorhigh | 無法使用 | Cleveland Hts-Univer - 1810 |
Middle | 無法使用 | Cleveland Hts-Univer - 1810 |
年份 | 稅額 | |
---|---|---|
2023 | USD $22216 | INR ₹1,900,716* |
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