The Turtle Park Apartments at 2617 Euclid Heights Boulevard present a charming eight-unit multifamily investment opportunity–Turtle Park Apartments. Charm and character abound in this exceptional income-generating opportunity in the heart of Cleveland Heights. The Turtle Park Apartments feature eight spacious suites; six three-bedroom/ one-bath and two two-bedroom/ one-bath units. As tenants have moved out, half of the units have been thoughtfully updated with new kitchens, baths, fresh paint, modern fixtures, appliances, and windows.
This property is primed for strong returns with a proforma rental income of $10,250/ month. Key updates include plumbing and electrical improvements, as well as a repaired and updated main sewage line. The roof and boiler are in excellent condition and are regularly serviced. Additional features include motion-activated common area lighting for efficiency and safety and on-site coin laundry for additional income.
Two vacant units are available for viewing; all updated units are currently rented. Photos showcase one updated unit and two non-updated units—all updated units reflect the updated unit photos. Ideally located near downtown, major hospitals, universities, and all that Coventry has to offer.