Homes for sale - 2545 Kenilworth ST, Cleveland Heights, OH 44106

Cleveland Heights, OH 44106,2545 Kenilworth ST

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Todd Berrien

todd@archwaygroupoh.com +1(614) 477-3077

$901,000

Est. payment - /mo

0.44 Acres Lot

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UPDATED:

09/30/2024 09:55 PM

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID 5068639

HOA Y/N No

Year Built 1958

Annual Tax Amount $27,795

Tax Year 2023

Lot Size 0.444 Acres

Acres 0.444

Property Description

Prime Location - Don't miss this incredible real estate investment opportunity! This impressive 11-unit building boasts a steady 90% or better occupancy rate; currently, we are fully occupied. All units have their furnace (in-unit), and a/c units are on the roof. The exception is #10, which has a furnace in the laundry room, two hot water heaters in the laundry supply of the building, and onsite laundry for eight two-bedroom and three one-bedroom apartments. A new roof was installed in 2013, and all new windows, except for two units, were installed in 2016. This property is 100% pet and smoke-free. Nestled at the top of Murray Hill near the charming Little Italy neighborhood, this well-maintained two-story, all-brick building with no basement is a solid investment. The spacious lot includes a detached all-brick carport with space for approximately 30 vehicles and ample street parking. While the apartments could benefit from some cosmetic updates, doing so can increase rental rates and a higher return on investment, making it a promising opportunity to enhance the property's value.

Location

State OH

County Cuyahoga

Rooms

Basement Apartment, None

Interior

Heating Forced Air, Gas

Fireplace No

Exterior

Garage Asphalt, Covered, Carport, Detached Carport, On Site, Off Street, Parking Lot, Private

Waterfront No

Water Access Desc Public

Roof Type Flat Tile,Rubber

Present Use Residential

Parking Type Asphalt, Covered, Carport, Detached Carport, On Site, Off Street, Parking Lot, Private

Total Parking Spaces 30

Building

Sewer Public Sewer

Water Public

Schools

School District Cleveland Hts-Univer - 1810

Others

Tax ID 685-05-003

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

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Listed by Torry McJunkins • EXP Realty, LLC. • torry@thecityteam.com 216-469-5227

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Todd Berrien

+1(614) 477-3077

Owner | License ID: 2013002395

Owner License ID: 2013002395

2545 Kenilworth ST Cleveland Heights, OH 44106

Todd Berrien

Todd Berrien

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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2545 Kenilworth ST