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Key Details
Sold Price $1,120,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Subdivision Rockport Sec 06
MLS Listing ID 4463561
Sold Date 08/18/23
HOA Y/N No
Year Built 1956
Annual Tax Amount $28,213
Lot Size 0.304 Acres
Acres 0.3043
Property Description
RARE FIND-MODERN CONSTRUCTION! SOLD WITH 21950 Hillsdale Ave, Fairview Park, OH 44126. Two meticulously maintained ALL BRICK six unit apartment buildings sharing twelve garages and a backyard. Corner location in exceptional area of Fairview Park, one of Cleveland's most stable suburbs. Each building consists of (2) one bedroom suites and (4) two bedroom suites. Each unit has it's own gas forced air furnace and hot water tank and pays for all utilities (except sewer and water). Each unit comes included with garage parking and laundry is free (upside opportunity). All units are on one year leases, most of which are longer term tenants (more upside potential). This is a very stable, easy to manage investment ideal for the investor with a long term strategy. These properties are historically 100% occupied.
Location
State OH
County Cuyahoga
Interior
Heating Forced Air
Fireplace No
Exterior
Water Access Desc Public
Building
Water Public
Schools
School District Fairview Park Csd - 1814
Others
Tax ID 321-29-015
Financing Conventional
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Bought with Sam Zimmer • Keller Williams Greater Metropolitan