Vision Sales Team

1832 Willowhurst Road

Cleveland, OH 44112

MLS#: 5222974

$425,000

Status: Active
Listing number: 5222974
Listing provided by: Friendly Home Realty, Inc.
Listing agent phone: None
Last update: a month ago
On site: a month ago
Browse Properties
Willowhurst Allotment - Commercial Sale

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1927

Sq.Footage

13,000

17unit with approved city plans and permits already pulled. Property need some roof repair 20k max but is now no longer leaking and outside work for steps and tuck pointing assume 30k. The Major mechanicals ,Plumbing,Electric and HVAC mostly complete. 6 units needing a lot of repair from prior water leaks the rest not bad and need cleanout, flooring and paint. This is a historically fully rented building and most 10+ unit multi families in the immediate area have low occupancy, the power and lights are already on and property is secured with a remote security system so its ready for your crew to walk through to get estimates for repairs. Potential Cash Cow should gross over 190k a year(1k per unit) and net well over 100k/year when managed like similar properties in the area. Dont miss this one. 5 miles from the Cleveland Clinic main campus,4miles from Case Western Reserved College. A member of the owning LLC may be related to listing agent

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Basement YN

    YES

  • Heating YN

    YES

  • Heating

    Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.1693

  • Property Type

    Commercial Sale

  • Property Sub Type

    Apartment

Price

  • Sales Price

    $425,000

  • Tax Amount

    $11,858

  • Sq. Footage

    13,000

  • Price/SqFt

    $32

HOA

  • Association

    No

School District

  • Elementary School

    Cleveland Municipal - 1809

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

County

Cuyahoga

Elementary School

Cleveland Municipal - 1809

Middle School

High School

Listing Courtesy of Gerald Graham , Friendly Home Realty, Inc.

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Agent Carla Ponikvar

Agent / Realtor®

Carla Ponikvar

Call Carla today to schedule a private showing.

(330) 760-3338

CarlaP@visionsalesteam.com


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17unit with approved city plans and permits already pulled. Property need some roof repair 20k max but is now no longer leaking and outside work for steps and tuck pointing assume 30k. The Major mechanicals ,Plumbing,Electric and HVAC mostly complete. 6 units needing a lot of repair from prior water leaks the rest not bad and need cleanout, flooring and paint. This is a historically fully rented building and most 10+ unit multi families in the immediate area have low occupancy, the power and lights are already on and property is secured with a remote security system so its ready for your crew to walk through to get estimates for repairs. Potential Cash Cow should gross over 190k a year(1k per unit) and net well over 100k/year when managed like similar properties in the area. Dont miss this one. 5 miles from the Cleveland Clinic main campus,4miles from Case Western Reserved College. A member of the owning LLC may be related to listing agent

1832 Willowhurst Road

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