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14120 Superior Road, Cleveland, OH 44118

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For Sale

$649,900

0.2 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • 0.2 acres
    Lot size

  • Over 50 Years Old
    Age

Explore this Property

INCREDIBLE INVESTMENT OPPORTUNITY. According to CMHA 2025 rental rates, this property would bring in up to 168k a year! In the 44118 Cleveland Heights Zip Code (ask agent for document on updated rental rates) this is the one to snag. Beautiful brick 7 unit building. Six very large, 1,100 sq ft 3 bedroom One bath units, projected to bring in up to $12,672 each a month. The seventh unit is a 550 sq ft, one bed one bath to bring in up to $1,356 a month= up to $14,028 a month/$168k a year. Some units occupied, however, with taking advantage of the CMHA guaranteed income/the updated rents, would be best to stabilize on own. Talk about profit.. Updated most units, two were not done since the tenants have been there for years and the one bedroom needs finished (new cabinets need hung, etc). Newer hot water tanks. Each unit has it's own furnace and H20 tank/separate electric and gas meters. Basement has coin laundry and newer PEX plumbing has been installed. Each unit has separate front/back door and there is a parking lot out back. Close to Coventry Village, Severance center, University Circle and just a 10 min drive to Cleveland Clinic Main Campus. Location, location plus immense cash flow. Call your agent today!
MLS# 5132087

Courtesy Of Greater Cleveland

(216) 839-5500

Property Features

  • Age
    Over 50 Years Old
  • Heating System
    Forced Air
  • Lot Size
    0.2 Acres
  • Rooms
    Laundry Room

Map and Directions

Directions to 14120 Superior Road, Cleveland, OH 44118

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CENTURY 21 HomeStar

(440) 449-9100
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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.