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1615 Ridgefield Road, Cleveland Heights, OH 44118

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For Sale

$619,000

0.14 acres

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Apartment
    Property type

  • 0.1 acres
    Lot size

  • Over 50 Years Old
    Age

  • Basement
    Rooms

Explore this Property

Look at this 10 UNIT BRICK apartment building in the heart of Cleveland Heights! This charming property offers 10 one bedroom/one bath units! Cash flowing! 7 out of 10 units occupied! Built in 1930- Classic ALL brick construction with 25 plus combined parking spaces! Professional Property Management in place! Current rents: $700/$775/$775/$775/$800/$795/$900 on leases and pay their own electric. Nice parking lot with 25 combined parking spaces! Rent Roll/Expenses in supplements or available upon request. Updates include: ALL units renovated rent ready except 1 unit in basement (untouched)- with 2 vacant units ready for your tenant, 2023 full gas line repairs throughout building over $12K done, Boiler scheduled to be fully replaced in October 2025! 98% all newer plumbing with PEX or Copper! POS in supplements, as is, buyer to assume. Great Property! High rental demand area! Great location with 12 minutes from Downtown Cleveland, close to Case Western University, parks, shopping, world renown hospital systems: University Hospitals and Cleveland Clinic, museums and more!
MLS# 5125616

Courtesy Of Coldwell Banker Schmidt Realty

(440) 951-1410

Property Features

  • Age
    Over 50 Years Old
  • Heating System
    Steam
  • Lot Size
    0.14 Acres
  • Roof Type
    Tile
  • Rooms
    Basement

Home seller CENTURY 21 DePiero & Associates, Inc.

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 DePiero & Associates, Inc.

(440) 842-7010
Learn More About Us

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