Commercial Real Estate for Sale at 4467 Lee Road in Cleveland, OH for $675,000

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4467 Lee Road | Cleveland

$675,000 | 0.0 Sq. Ft.

Discover an incredible investment opportunity with this impressive 9-unit apartment building located at 4467 Lee Rd, Cleveland, OH 44128. Spanning over 8,000 square feet, this all-brick structure offers durability and timeless appeal.\r\n\r\nEach of the 9 units features 2 bedrooms and 1 bathroom, making it an ideal option for renters seeking comfortable and spacious accommodations. With 8 of the 9 units already occupied, this property offers immediate cash flow for savvy investors. Projected rent at an average market value exceeds $90,000 in gross income. \r\n\r\nRecent updates enhance its value and functionality, including a brand-new roof, basement waterproofing, and cosmetic renovations in several units, ensuring a low-maintenance future for the next owner. The property also boasts private parking, a sought-after amenity for tenants.\r\n\r\nConveniently located in Cleveland\u0027s 44128 area, this property is close to shopping, dining, and public transportation, making it highly attractive to prospective renters.\r\n\r\nDon\u2019t miss your chance to own a solid, income-generating property with substantial upside potential. Schedule your private showing today and take the first step toward expanding your real estate portfolio! MLSNow 5096395

Directions to property: South of Miles

MLS Listing ID: 
MLSNow 5096395
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Status (Local): 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$675,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Property Sub Type: 
Apartment
Primary Market Area: 
Cleveland
Address: 
4467 Lee Road, Cleveland, OH 44128
County: 
Cuyahoga
Latitude: 
41.4372360
Longitude: 
-81.5643590
Directions: 
South of Miles
Public Remarks: 
Discover an incredible investment opportunity with this impressive 9-unit apartment building located at 4467 Lee Rd, Cleveland, OH 44128. Spanning over 8,000 square feet, this all-brick structure offers durability and timeless appeal.\r\n\r\nEach of the 9 units features 2 bedrooms and 1 bathroom, making it an ideal option for renters seeking comfortable and spacious accommodations. With 8 of the 9 units already occupied, this property offers immediate cash flow for savvy investors. Projected rent at an average market value exceeds $90,000 in gross income. \r\n\r\nRecent updates enhance its value and functionality, including a brand-new roof, basement waterproofing, and cosmetic renovations in several units, ensuring a low-maintenance future for the next owner. The property also boasts private parking, a sought-after amenity for tenants.\r\n\r\nConveniently located in Cleveland\u0027s 44128 area, this property is close to shopping, dining, and public transportation, making it highly attractive to prospective renters.\r\n\r\nDon\u2019t miss your chance to own a solid, income-generating property with substantial upside potential. Schedule your private showing today and take the first step toward expanding your real estate portfolio!
Community Information
School District: 
Cleveland Municipal - 1809
Subdivision: 
William J Langs Lee Heights
Building Details
Details about the building on a property.
Year Built: 
1963
Living Area: 
0.0
Construction
Roof: 
Asphalt
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Gas
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.14
Lot Size (Area): 
0.14
Public Record
Parcel Number: 
143-13-007
Annual Tax: 
$8,851.00
Contract Details
Details about the listing contract.
Possession: 
Negotiable
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
Jeffrey McManamon
Listing Office Name: 
Hotdoors, LLC

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