Property Listing No Longer Available for Sale

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
UpdatedNovember 3rd, 2021
TypeOthers
Price$750,000
Building9,618 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.


Financials


Similar Listings