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    5896-5898 Lee Road S

    Maple Heights, OH 44137
    • $750,000
    • STATUS: Contingent
    • ON SITE: 34 days
    • MLS #: 4277290
    Under Contract
    UPDATED: 43 min ago
    $750,000
    • 0
      BEDS
    • 0.4
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 9,618
      SQFT
    • $78
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1969
    County:

    School Ratings & Info

    Listing courtesy of Century 21 Homestar.
    Listing information © 2021 YES-MLS.

    Description

    Turnkey 12 Unit garden style apartment building. Eight two bedroom units and four one bedroom units. Current gross income is around $101,000 a year, currently 100% occupied, expenses were around $38,000 in 2020, plus some capital improvements. Cash cow, low vacancy rates, seller spends no money on advertising, just puts a sign up and phone starts ringing. 10 outdoor parking spots and 12 garage spots! Roof is two years old, 2 inch insulation with glued on TPO, garage roof is new aluminized steel. Can be sold together with building on opposite corner.

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    Listing information © 2021 YES-MLS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than The Jess Nader Team | RE/MAX Pathway are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2021-06-13T23:07:29.457.
    www.jessnader.com/homes/116944392
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    5896-5898 Lee Road S Maple Heights, OH 44137

    • Price: $750,000
    • Status: Contingent
    • Updated: 43 min ago
    • MLS #: 4277290
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.4
    Acres
    9,618
    SQFT
    $78
    $/SQFT
    1969
    Built
    Neighborhood:
    Mugler Ave
    County:
    Cuyahoga
    Area:
    Maple Heights
    Property Description
    Turnkey 12 Unit garden style apartment building. Eight two bedroom units and four one bedroom units. Current gross income is around $101,000 a year, currently 100% occupied, expenses were around $38,000 in 2020, plus some capital improvements. Cash cow, low vacancy rates, seller spends no money on advertising, just puts a sign up and phone starts ringing. 10 outdoor parking spots and 12 garage spots! Roof is two years old, 2 inch insulation with glued on TPO, garage roof is new aluminized steel. Can be sold together with building on opposite corner.
    Exterior Features

    Levels Two Parking Features AssignedCoveredOutside Roof Flat

    Interior Features

    Basement YN No Building Area Total 9618 Cooling Wall Unit(S) Cooling YN Yes Foundation Details Slab Heating BaseboardGasHot WaterSteam Heating YN Yes

    Property Features

    Above Grade Finished Area 9618 Association Fee2 3600 Insurance Expense 4177 Lease Considered YN No Listing Terms CashConventional Net Operating Income 56521 Owner Pays ElectricityGasHeatSewerTrash CollectionWater Ownership Principal/Nr Property Sub Type Apartment Sewer Public Sewer Tax Annual Amount 14200 Tenant Pays Cable TvElectricity Township Maple Heights Trash Expense 1111 Water Sewer Expense 10946 Water Source Public Year Built Details Actual Ybt

    Listing information © 2021 YES-MLS.
    Listing provided courtesy of Century 21 Homestar.
    Listing information © 2021 YES-MLS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than The Jess Nader Team | RE/MAX Pathway are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2021-06-13T23:07:29.457.
     
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    The Jess Nader Team | RE/MAX Pathway
    2791 Cedar Hill Rd
    Cuyahoga Falls OH, 12345
    Listing courtesy of Century 21 Homestar.
    Listing information © 2021 YES-MLS.