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1672 Lockwood AVE East Cleveland, OH 44112
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Key Details
Sold Price $240,000
Property Type Commercial
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 5,486 sqft
Price per Sqft $43
Subdivision Dodge
MLS Listing ID 4240536
Sold Date 04/16/21
HOA Y/N No
Abv Grd Liv Area 5,486
Total Fin. Sqft 5486
Year Built 1915
Annual Tax Amount $3,113
Lot Size 4,800 Sqft
Acres 0.1102
Property Description
Tremendous cash flowing investment opportunity! SIX UNIT BRICK APARTMENT BUILDING, (4 x 2BR, 2 x 1BR) completely remodeled within the past year with appliances included. Roof, electric panels and windows about 10 years old, several new furnaces, common areas, mailboxes, hot water tank, and a new common laundry room just completed for additional income (no machines included). 10 cap rate on cash. Just a half mile to University Circle and Case Western Reserve University!! Fully Occupied!!
Location
State OH
County Cuyahoga
Rooms
Basement Full
Interior
Heating Forced Air, Gas
Cooling None
Fireplace No
Exterior
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Building
Story 2
Sewer Public Sewer
Water Public
Schools
School District East Cleveland Csd - 1812
Others
Tax ID 672-06-015
Financing Conventional
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Bought with Seth B Task • BHHS Professional Realty