2502 Noble Rd - Apartments FOR SALE


Cleveland Heights, OH 44121
$630,000 USD
440-670-2300
2502 Noble Rd, Cleveland Heights, OH for Sale
$630,000 USD
Apartments - FOR SALE
1/25
null | 8.04% Cap Rate

2502 Noble Rd
Cleveland Heights, OH 44121


OVERVIEW

Don’t miss this outstanding chance to add a beautifully updated and well maintained 8-unit apartment building to your portfolio. Perfectly situated in Cleveland Heights, this property offers convenient access to downtown Cleveland, world-renowned hospitals, shops, restaurants, parks, and more—an ideal location for tenants and a smart move for investors. This fully occupied building is loaded with updates, ensuring low maintenance for years to come. Each unit boasts modern upgrades, including new flooring, updated kitchens with sleek appliances, and fresh carpeting throughout. Additionally, significant building improvements such as a new roof, windows, furnaces, and more enhance the property’s value and appeal. 8 covered garage parking spots are also included! With a stable rent roll and detailed property updates included in the supplements, this turn-key investment is ready for a new owner to step in and reap the rewards. Schedule your showing today and secure this excellent opportunity to grow your portfolio!

FOR SALE DETAILS

PRICE

$630,000 USD

PRICE/SF

$70 USD /SF

# OF UNITS

8

PRICE/UNIT

$78,750

CAP RATE

8.04%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1957

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

MF2

APN/PARCEL ID

682-30-043

ASK ABOUT THIS PROPERTY

Erin ThomasKeller Williams LIVINGMore Info
440-670-2300

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Erin ThomasKeller Williams LIVINGMore Info
440-670-2300

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.