5896-5898 Lee Rd South, Maple Heights, OH
Others for Sale - $750,000 - 9,618 Sq. Ft.
Property Info
CIMLS# | 1093706 |
Location 5896-5898 Lee Rd South Maple Heights OH 44137 | |
Updated | November 3rd, 2021 |
Type | Others |
Price | $750,000 |
Building | 9,618 Sq. Ft. |
Property Description
Turnkey 12 Unit garden style apartment building. Eight two bedroom units and four one bedroom units. Current gross income is around $101,000 a year, currently 100% occupied, expenses were around $38,000 in 2020, plus some capital improvements. Cash cow, low vacancy rates, seller spends no money on advertising, just puts a sign up and phone starts ringing. 10 outdoor parking spots and 12 garage spots! Roof is two years old, 2 inch insulation with glued on TPO, garage roof is new aluminized steel. Can be sold together with building on opposite corner.