2585 Euclid Hts. is 7 Units and 2625 Euclid Hts. is 8 units and 100% occupied 2 buildings with total 15 Units with 8% Cap Rate in prime location of Cleveland Hts.
40 unit apartment building with 34 one bedrooms (average square footage is 600 SF)and 6 two bedrooms(average square footage is 840 SF); extensively renovated with updated kitchens and bathrooms, hardwood floors, on-site parking and garages, 4 story walk-up, fitness center, all apartments have one full bath; individually metered for cooking gas and electricity; owner pays gas for hot water and heat, common area electric and water, sewer and trash; window air conditioners are provided by owner; on-site fitness center and laundry machines; building wide Wi-Fi services
Please, request NDA for additional financials. This is an unique opportunity to purchase 15 duplex income producing units that have all been recently renovated to high quality. Tenants and expenses have been vetted as to actuals for presenting.
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Two properties located in very popular neighborhoods of Cleveland Heights. Properties will not be split up and being sold together only. Each building consists of five large suites with hardwood floors,decorative fireplaces, and on site parking and laundry. The property locations are 2116 Surrey Rd(4 - 3BR's; 1 - 1BR) and 3186 Euclid Hts Blvd (5 - 2BR's).