Vision Sales Team

3444 E 149th Street

Cleveland , OH 44120

MLS#: 4505014

$175,000

Status: Closed
Listing number: 4505014
Listing provided by: Coldwell Banker Schmidt Realty
Listing agent phone: None
Last update: 1 year, 11 months ago
On site: 2 years ago
Browse Properties
Palmer & Royers Sub - Commercial Sale

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1930

Sq.Footage

5,386

Look at this 6 unit commercial apartment building for sale! Each unit contains one bedroom, one full bath, kitchen, living room and private entrances. Front units have private balconies! 3 newer furnaces, 2 newer hot water tanks, some newer windows, updated electrical, glassblock in basement! Unit 1 $550 M2M lease, Unit 2 $480 M2M no lease, Unit 3 $475 M2M no lease, Unit 4 $500 M2M Lease, Unit 5 vacant, 6 M2M $450. Tenants pay gas/electric. Owner Water/sewer. Solid Brick Building! Fenced in yard! Add this to your portfolio or start with a great income producing building! Property was purchased on 3/28/2022, started receiving rents in April 2022. In short time, it generated over $20k or $2,219/month, Reflecting: $26,630 annually. Expenses were low so it generated nice income. Lastly, rents potential to increase $50-100 per unit. Units 1-4 have been there for a while, current owner does not have leases for units 2,3,6- all on month to month. Property never conveyed with prior leases. New buyer to construct new lease with tenants. Unit 1+4 on lease currently on month to month. CITY LEAD BASED PAINT COMPLIANT! Selling As is! Close to restaurants, shopping, parks, hospitals, downtown and more! Contact today to see or with questions. This will not last long! Priced to sell with recent repairs done! No wholesales or seller financing!

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Above Grade Finished Area

    5386.0

  • Basement YN

    YES

  • Cooling YN

    NO

  • Cooling

    None

  • Heating YN

    YES

  • Heating

    Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    Driveway, On Site, Paved, On Street

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.1286

  • Property Type

    Commercial Sale

  • Property Sub Type

    Apartment

Price

  • Sales Price

    $175,000

  • Tax Amount

    5216.0

  • Sq. Footage

    5, 386

  • Price/SqFt

    $32

HOA

  • Association

    No

School District

  • Elementary School

    Cleveland Municipal - 1809

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    2

  • 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 Leilani M Bowersock , Coldwell Banker Schmidt Realty

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent Carla Bolf

AGENT

Carla Bolf

Call Carla today to schedule a private showing.

(330) 814-6422

Carla@VisionSalesTeam.com


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Look at this 6 unit commercial apartment building for sale! Each unit contains one bedroom, one full bath, kitchen, living room and private entrances. Front units have private balconies! 3 newer furnaces, 2 newer hot water tanks, some newer windows, updated electrical, glassblock in basement! Unit 1 $550 M2M lease, Unit 2 $480 M2M no lease, Unit 3 $475 M2M no lease, Unit 4 $500 M2M Lease, Unit 5 vacant, 6 M2M $450. Tenants pay gas/electric. Owner Water/sewer. Solid Brick Building! Fenced in yard! Add this to your portfolio or start with a great income producing building! Property was purchased on 3/28/2022, started receiving rents in April 2022. In short time, it generated over $20k or $2,219/month, Reflecting: $26,630 annually. Expenses were low so it generated nice income. Lastly, rents potential to increase $50-100 per unit. Units 1-4 have been there for a while, current owner does not have leases for units 2,3,6- all on month to month. Property never conveyed with prior leases. New buyer to construct new lease with tenants. Unit 1+4 on lease currently on month to month. CITY LEAD BASED PAINT COMPLIANT! Selling As is! Close to restaurants, shopping, parks, hospitals, downtown and more! Contact today to see or with questions. This will not last long! Priced to sell with recent repairs done! No wholesales or seller financing!

3444 E 149th Street

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