MLS#5207051
STATUSActive
PROPERTY TYPECommercial - Business
SUBDIVISIONCoventry Mayfield Land Cos Su
SCHOOLEast Cleveland City
Property Description
INCREDIBLE INVESTMENT OPPORTUNITY. According to CMHA 2025 rental rates, this property would bring in 168k a year! In the 44118 Cleveland Heights Zip Code (ask agent for document on updated rental rates) this is the one to snag. Beautiful brick 7 unit building. Six, very large 3 bedroom units projected to bring in up to $12,672 each a month and a large studio in the basement to bring in up to $1,356 a month= up to $14,028 a month/168k a year. Some units occupied, however, with taking advantage of the cmha guaranteed income with the updated rents, would be best to stabilize on own. Talk about profit.. The six 3 bedroom units are all updated and move in ready, newer hot water tanks. Each unit has it's own furnace and H20 tank/separate electric and gas meters. Basement has coin laundry and newer PEX plumbing has been installed. Each unit has separate front/back door and there is a parking lot out back with three spots and parking in front of building. Close to Coventry Village, Severance center, University Circle and just a 10 min drive to Cleveland Clinic Main Campus. Location, location plus immense cash flow. Call your agent today!
Property Features
Property Type: Commercial - Business
Basement: Yes
Basement: Apartment, Common Basement, Full, Walk-Out Access
Cooling: None
Heating: Forced Air, Gas
Lot Size: 0.20 Acres
Roof Type: Composition, Flat, Shingle
Taxes: $13,364 / year
Year Built: 1922
Feature Descriptions
Days on Site: 12
Laundry: Coin-operated
Parcel#: 672-27-031
Parking: Paved, Parking Lot
Sewer: Public Sewer
Water: Public
Local Schools
School District: East Cleveland City
Listed By / Shown By
Listed By
Agency Name: Keller Williams Greater Metropolitan
Agency Contact: matt@chasegrouprealestate.com, 440-452-2000
Shown By
Agent Name: Nathan Stallard
Agent Phone: (330) 421-4827
Agency Title: M.C. Real Estate
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14120 Superior Road | MLS# 5207051
This commercial property located at 14120 Superior Road, Cleveland, OH 44118 is currently listed for sale with an asking price of $559,000. Superior Road is located within the East Cleveland City school district. Search Cleveland real estate on nstallard.mcrealestateohio.com today.