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13970 Superior RD East Cleveland, OH 44118
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Key Details
Sold Price $725,000
Property Type Commercial
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Subdivision Apartment Realty Cos
MLS Listing ID 5006713
Sold Date 06/24/24
HOA Y/N No
Year Built 1963
Annual Tax Amount $24,365
Tax Year 2022
Lot Size 0.434 Acres
Acres 0.4339
Property Description
Corner of Coventry and Superior in a great rental area. Most of the vacant units are rent ready. Rents range in the market from 775.00 to around 850.00; Current units rented are not at market rents. Gross rent should be around 170,000 per year once the building is stabilized and re rented. This is truly a money maker waiting for an owner operator. New management has taken over recently and stabilizing the property.
Location
State OH
County Cuyahoga
Rooms
Basement None
Interior
Heating Gas, Hot Water, Steam
Cooling None, Window Unit(s)
Fireplace No
Exterior
Parking Features Driveway, Paved
Water Access Desc Public
Roof Type Flat
Present Use Investment
Total Parking Spaces 20
Building
Story 2
Sewer Public Sewer
Water Public
Schools
School District East Cleveland Csd - 1812
Others
Tax ID 672-26-003
Financing Conventional
Special Listing Condition Real Estate Owned
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Bought with Mihail Pavel • OwnerLand Realty, Inc.