Active

4812 Lee Road

Cleveland OH, 44128

$1,400,000


Active

Commercial

Built in 1939

This 16-unit townhome apartment building offers an incredible investment opportunity! There are some big ticket updates, including 14 fully renovated units! All units have 2 bedrooms, 1 full bathroom, ensuite washer and dryer hookups and a private parking space. Renovated units feature new flooring, new kitchens, new switches/outlets, new fixtures and a fully painted interior. Additional updates included new signage, new plumbing, new hot water tanks as needed, new windows as needed, 3 roofs have been repaired or replaced, new commercial grade gutters and downspouts installed, extensive landscaping and extensive storm sewer work. Plus brand new appliances! Professional, full-service property management is already in place and willing to stay on! Property is in a great location, across the street from a park and has easy highway access, is near food, shopping and public transit. An incredible chance to build your portfolio! Reach out today to learn more!

5013478

MLS ID

January 25, 2024

Listed

May 9, 2024

Updated

Map

4812 Lee Road
Cleveland OH, 44128

Interior Features

Total Stories

2


Fireplace

No


Cooling

Yes


Cooling Description

Wall Unit(s)


Heating

Yes


Heating Description

Forced Air, Gas

Exterior/Building Features

Lot Size

0.89 Acres


Roof

Composition


Sewer

Public Sewer

School Information

School District

Cleveland Municipal - 1809

Other Property Details

Taxes

$16,293


Tax Frequency

Annually


Days on Market

25


Garage

No


Parking

Parking Lot, Private


Parking Total

16


View

No


County

Cuyahoga


Municipality

Cleveland


Water Source

Public


Pool

No


Buyer Agency Compensation

7,500%

 

Courtesy of RE/MAX Haven Realty

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor CPD Homes, LLC shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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