4467 Lee Rd - Apartments FOR SALE


Cleveland, OH 44128
$750,000 USD
440-227-6739
4467 Lee Rd, Cleveland, OH for Sale
$750,000 USD
Apartments - FOR SALE
1/17
null | Request Cap Rate

4467 Lee Rd
Cleveland, OH 44128


HIGHLIGHTS

  • The property also boasts private parking, a sought-after amenity for tenants.
  • a brand-new roof, basement waterproofing, and cosmetic renovations in several units,
  • is close to shopping, dining, and public transportation,

OVERVIEW

Discover an incredible investment opportunity with this impressive 9-unit apartment building located at 4467 Lee Rd, Cleveland, OH 44128. Spanning over 8,000 square feet, this all-brick structure offers durability and timeless appeal. Each of the 9 units features 2 bedrooms and 1 bathroom, making it an ideal option for renters seeking comfortable and spacious accommodations. With 8 of the 9 units already occupied, this property offers immediate cash flow for savvy investors. Recent updates enhance its value and functionality, including a brand-new roof, basement waterproofing, and cosmetic renovations in several units, ensuring a low-maintenance future for the next owner. The property also boasts private parking, a sought-after amenity for tenants. Conveniently located in Cleveland's 44128 area, this property is close to shopping, dining, and public transportation, making it highly attractive to prospective renters. Don’t miss your chance to own a solid, income-generating property with substantial upside potential. Schedule your private showing today and take the first step toward expanding your real estate portfolio!

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$94 USD /SF

# OF UNITS

9

PRICE/UNIT

$83,333

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1965

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

LR

APN/PARCEL ID

143-13-007,143-13-008

ASK ABOUT THIS PROPERTY

Jeffrey McManamonHotdoors, LLCMore Info
440-227-6739

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Jeffrey McManamonHotdoors, LLCMore Info
440-227-6739

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