4820 4826 Broadview Rd   |  Cleveland, OH 44109

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  • $549,000

  • Est. Monthly Payment: $1,232,123/mo

Great opportunity to own this 14 unit brick apartment building which consists of 14- 1 Bedroom units. 2 of the units have been completely renovated from A-Z (new granite counter-tops, brand new white cabinets, freshly painted throughout, new flooring throughout, etc) and some deferred maintenance has been completed for occupied units. This property is currently 93% occupied with gross rents totaling $7,110 per month. Assuming the vacant unit is leased for $565/mo, your gross rental income would increase to $92,100/yr. Laundry income also has the opportunity to add an additional $1,400+/year ($100 per unit) in income, which yields a gross potential income of $93,500 per year! Owner pays for trash, water/sewer, common area electric, and common area gas. Electric and gas are separately metered! Serious buyers only. Rent-roll available upon request.

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Property Features

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Interior Features
Exterior Features
  • Lot Size: 27299 ft

Utilities
  • Heating Desc: Forced Air

Additional and Community Information

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Additional
  • County: Cuyahoga
  • Property Type: Commercial
  • Year Built: 1953
Community

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