10905 Mt. Carmel Rd

    Cleveland, OH 44104
    • $249,900
    • STATUS: Active
    • ON SITE: 334 days
    • MLS #: 3966325
    $249,900
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1960
    County:

    School Ratings & Info

    Listing courtesy of Lokal Real Estate, Llc..
    Listing information © 2017 NEOHREX MLS.

    Description

    Brick, 8 unit apartment building.All one bedroom, one bath units.Potential cap rate 17%.Based on $625 rent x 8 units.Some units are already collecting that and others are nearly ready to be rented with subsidized housing, which seller will pay for any needed repairs.5 of the 8 units have been remodeled / updated and include new appliances. Newer furnace, water heater & roof. In addition, the new highway and Cleveland Clinic expansion to the area will be a huge plus to the property value. CMHA housing across the street will be leaving giving the area a huge growth factor.

    Monthly Payment Calculator

    Listing information © 2018 NEOHREX Multiple Listing Service. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of NEOHREX. Real estate listings held by brokerage firms other than Howard Hanna are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2018-12-13T00:07:23.79.
    www.clevelandhomefinder.com/homes/79941779

    10905 Mt. Carmel Rd Cleveland, OH 44104

    • Price: $249,900
    • Status: Active
    • MLS #: 3966325
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1960
    Built
    Neighborhood:
    Ingersoll Heights
    County:
    Cuyahoga
    Area:
    Cle East Of Cuyahoga River
    Property Description
    Brick, 8 unit apartment building.All one bedroom, one bath units.Potential cap rate 17%.Based on $625 rent x 8 units.Some units are already collecting that and others are nearly ready to be rented with subsidized housing, which seller will pay for any needed repairs.5 of the 8 units have been remodeled / updated and include new appliances. Newer furnace, water heater & roof. In addition, the new highway and Cleveland Clinic expansion to the area will be a huge plus to the property value. CMHA housing across the street will be leaving giving the area a huge growth factor.
    Exterior Features

    Location Public Transport Lot Size Depth 35 Lot Size Frontage 35 Parking Outdoor Parking Spaces 8 Roof Flat

    Interior Features

    Basement Detail Slab Cooling Type None Heating Fuel Gas Heating Type Hot Water/Steam Total Apartments 8 Units1 Bedroom 8

    Property Features

    Annual Taxes 3978 Apartments Type Apartments Only Assessments No Association Northern Ohio Regional Mls Auction No Available Financing CashConventional Basement No Commercial Type Apartment Cost Per Month Elevator No Homestead Exemption No Natural Resource Rights None Owner Pays GasHeatingSewerWater Short Sale No Tenant Pays Cable/Electric LinkElectric Transaction Type For Sale Water Sewer Public WaterPublic Sewer Year Built Exception Actual Ybt

    Listing information © 2018 NEOTHREX Multiple Listing Service.
    Listing provided courtesy of Lokal Real Estate, Llc..
    Listing information © 2018 NEOHREX Multiple Listing Service. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of NEOHREX. Real estate listings held by brokerage firms other than Howard Hanna are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2018-12-13T00:07:23.79.
     
    Howard Hanna
    8396 Mentor Ave.
    Mentor OH, 44060
    Listing courtesy of Lokal Real Estate, Llc..
    Listing information © 2017 NEOHREX MLS.