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1724 Taylor Rd
East Cleveland, OH 44112 East Cleveland

$1,799,000 USD

Apartments For Sale • 30,000 SF

Property Details

Property Type Apartments
Total Building Size 30,000 SF
Lot Size 1.43 AC
Building Class C
Year Built 1959
Zoning Multi-Family

50 Transit Score

60 Walk Score

                
                    Highlights
                
                                High-yield returns: Boost your portfolio with a powerful 10.83% projected Cap Rate at market rents.
                            
                                Recession-resistant cash flow: Secure reliable income with a stable 83.87% occupancy rate and heavy federal/state subsidies.
                            
                                Value-add upside: Instantly increase revenue by raising below-market rents and monetizing the 14-space covered garage.
                            
                                Massive recent upgrades: Minimize near-term maintenance costs thanks to brand-new 2025 roofs and 75% fully turned units.
                            
                                Tenant-paid utilities: Keep landlord expenses low with separate, tenant-controlled furnaces and individual electric meters.
                            
                                Premium townhome layouts: Attract long-term tenants with spacious 2-bed, 1-bath suites featuring private in-unit laundry hookups.

Amenities

Fenced Lot
Laundry Facilities
Tenant Controlled HVAC
Washer/Dryer Hookup
Gated
Carpet
Family Room
Porch

Public Transportation

Commuter Rail	Drive	Walk	Distance
Cleveland Lakefront Station (Blue Line - Greater Cleveland Regional Transit Authority Rapid Transit (The Rapid), Green Line - Greater Cleveland Regional Transit Authority Rapid Transit (The Rapid))	18 min	-	8.1 mi
Transit/Subway	Drive	Walk	Distance
Louis Stokes Station at Windermere (Red Line - Greater Cleveland Regional Transit Authority Rapid Transit (The Rapid))	3 min	20 min	1.0 mi
Airport	Drive	Walk	Distance
Cleveland-Hopkins International	35 min	-	21.6 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	30
Type:	Surface
Included in Rent:	Yes

Matthew King 440-552-5858 Green Bridge Real Estate

1724 Taylor Rd East Cleveland, OH 44112 East Cleveland