1615 Ridgefield Road
Cleveland Heights, OH 44118

Listed at $619,000

Details

  • MLS# 5125616
  • Commercial - Business
  • Status Pending
  • 0 Bedrooms
  • Bathrooms
  • 0 Square Feet
  • 0.140 acres
  • Built in 1930
  • Cleveland Hts-Univer - 1810 Local Schools
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Description

Look at this 10 UNIT BRICK apartment building in the heart of Cleveland Heights! This charming property offers 10 one bedroom/one bath units! Cash flowing! 7 out of 10 units occupied! Built in 1930- Classic ALL brick construction with 25 plus combined parking spaces! Professional Property Management in place! Current rents: $700/$775/$775/$775/$800/$795/$900 on leases and pay their own electric. Nice parking lot with 25 combined parking spaces! Rent Roll/Expenses in supplements or available upon request. Updates include: ALL units renovated rent ready except 1 unit in basement (untouched)- with 2 vacant units ready for your tenant, 2023...read more full gas line repairs throughout building over $12K done, Brand New Boiler December 2025! 98% all newer plumbing with PEX or Copper! POS in supplements, funds already escrowed to cover this, as is, buyer to assume. Great Property! High rental demand area! Great location with 12 minutes from Downtown Cleveland, close to Case Western University, parks, shopping, world renown hospital systems: University Hospitals and Cleveland Clinic, museums and more!

Features

  • None
  • Hot Water, Steam
  • 3.0 Stories
  • $19,200 / year Taxes
  • Public
  • Built in 1930
View All Features

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All Property Features

  • Property Type: Commercial - Business
  • Basement: Other
  • Basement: Yes
  • Cooling: None
  • Days on Site: 292
  • Heating: Hot Water, Steam
  • Lot Size: 0.14 Acres
  • Parcel#: 684-03-033
  • Parking: Asphalt, Parking Lot, On Street
  • Roof Type: Other, Spanish Tile
  • Sewer: Public Sewer
  • Stories: 3.0
  • Taxes: $19,200 / year
  • Units: 10
  • Water: Public
  • Year Built: 1930