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
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