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2260 Noble Rd
Cleveland Heights, OH 44121 Monticello-Noble

$649,000 USD

Apartments For Sale  •  18,344 SF

Property Details

  • Property Type Apartments
  • Total Building Size 18,344 SF
  • Lot Size 0.23 AC
  • Building Class C
  • Year Built 1940
  • Zoning M-1
35 Transit Score
54 Walk Score

Highlights

Projected Cap Rate at 95% Occupancy with a $20,000 per Suite Renovation is 9.58%.
Great Value-added opportunity
Comparables reflect similar finished, renovated properties transferring at $75,000+ per unit
Property is mostly Vacant, broom swept and offers a quick start of renovation

Amenities

  • Laundry Facilities
  • Tile Floors
  • Hardwood Floors
  • Refrigerator
  • Range
  • Public Transportation

Public Transportation

Commuter RailDriveWalkDistance
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)) 20 min - 9.6 mi
AirportDriveWalkDistance
Cleveland-Hopkins International 39 min - 23.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 2
Type: Surface
Included in Rent: Yes
Matthew King 440-552-5858 Green Bridge Real Estate
Matthew King 440-552-5858 Green Bridge Real Estate