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bedrooms
bedrooms
0
bathrooms
bathrooms
0
square feet
square feet
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acreage
Acreage
0.2008
open houses
Open Houses
-
year built
year built
1920
full baths
Full Baths
0
half baths
Half Baths
0
Discover this remarkable 8-unit brick apartment building located in the heart of Coventry Village, within the highly sought-after Cleveland Heights neighborhood. Enjoy seamless access to major healthcare centers like Cleveland Clinic Main Campus (8-minute drive) and University Hospital Main Campus (6-minute drive) as well as educational institutions like Case Western Reserve (4-minute drive), Notre Dame College (11-minute drive), and John Carroll University (12-minute drive). In addition, this 8-unit property is situated just steps away from live music venues, vibrant bars, delectable restaurants, and eclectic shopping destinations. This ideal, prime location makes it very desirable for tenants of all backgrounds from medical students, doctors, college students and those interested in great nightlife. This fully occupied property is currently generating an impressive $10,085 per month, with a proforma potential of $13,000 per month. Each unit has separate electric meters, with tenants responsible for their own electric bills and the boiler & water/sewer being the responsibility of the owner. All units boast beautiful natural hardwood floors throughout, adding charm and appeal, and large windows flood the spaces with natural light, creating a bright and inviting atmosphere. The property includes six covered garage spots, providing convenient and secure parking for tenants. Some units have undergone updates, including refinished hardwood floors, modern paint, and upgraded bathrooms and kitchens. With additional simple cosmetic upgrades, you can easily reach the proforma rent of $13,000 per month. Take advantage of this rare investment opportunity in one of Cleveland Heights' most desirable areas!
Location
Subdivision Euclid Heights Allotment
County Cuyahoga
Elementary School -
Middle School -
High School -
open houses Open houses
None scheduled.
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MLS number: 5050684
Listing agent: Tal Tamir #2018001908
Listing broker: Russell Real Estate Services (440) 268-9491
Copyright © 2025 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.   [source]
Last update: Wednesday, January 15 2025 at 12:05 a.m. EST
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