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2087 W 98th Street

Cleveland, OH 44102
  • $250,000
  • STATUS: Contingent
  • ON SITE: 108 Days
  • MLS #: 4345468
Under Contract
UPDATED: 25 min ago
$250,000
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,668
    SQFT
  • $94
    $/SQFT
Type:
Commercial
Built:
1962
County:

School Ratings & Info

Listing courtesy of Ctm Organization Llc.
Listing information © 2022 YES-MLS.

Description

Well maintained and updated brick apartment building with six efficiency suites in the W 98th and Madison area of Cleveland. All units were fully renovated in 2018 / 2019. Five of the six units occupied by long term tenants with gross rents of $2,490/month. The vacant unit is tenant ready and can be leased out for an additional ~$550/month. The roof, electrical, and plumbing systems are all in good condition. The central boiler and water heater are functional but thought to be near the end of their useful lives. The owners pay the water and sewer bill, central boiler, trash removal and common area utilities, which average ~$600/month. The tenants pay for their own electricity. The property features off street parking in the rear. This low maintenance turnkey property is the perfect portfolio builder for investors who are looking to start or continue investing in small apartment complexes and want to sit back and collect the rent checks. See broker remarks or email broker for a video walk through of the property.

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Listing information © 2022 YES-MLS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than Select Properties Realty LLC are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2022-05-23T08:07:24.023.
www.selectpropertiesrealty.com/homes/125339052
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2087 W 98th Street Cleveland, OH 44102

  • Price: $250,000
  • Status: Contingent
  • On Site: 108 Days
  • Updated: 25 min ago
  • MLS #: 4345468
0
Beds
0
Baths
0
½ Baths
0.12
Acres
2,668
SQFT
$94
$/SQFT
1962
Built
Neighborhood:
Edmund F Carrie S Burton Cora
County:
Cuyahoga
Area:
Cle Between West Blvd & Cuy River
Property Description
Well maintained and updated brick apartment building with six efficiency suites in the W 98th and Madison area of Cleveland. All units were fully renovated in 2018 / 2019. Five of the six units occupied by long term tenants with gross rents of $2,490/month. The vacant unit is tenant ready and can be leased out for an additional ~$550/month. The roof, electrical, and plumbing systems are all in good condition. The central boiler and water heater are functional but thought to be near the end of their useful lives. The owners pay the water and sewer bill, central boiler, trash removal and common area utilities, which average ~$600/month. The tenants pay for their own electricity. The property features off street parking in the rear. This low maintenance turnkey property is the perfect portfolio builder for investors who are looking to start or continue investing in small apartment complexes and want to sit back and collect the rent checks. See broker remarks or email broker for a video walk through of the property.
Exterior Features

Roof Flat

Interior Features

Basement YN No Building Area Total 2668 Heating GasHot WaterSteam Heating YN Yes

Property Features

Above Grade Finished Area 2668 Lease Considered YN No Property Sub Type Apartment Sewer Public Sewer Tenant Pays ElectricityGasHeat Township Cleveland-W/R Water Source Public Year Built Details Unknown

Listing information © 2022 YES-MLS.
Listing provided courtesy of Ctm Organization Llc.
Listing information © 2022 YES-MLS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than Select Properties Realty LLC are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2022-05-23T08:07:24.023.
 
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Select Properties Realty LLC
116 Putnam Street
Marietta OH, 45750
Listing courtesy of Ctm Organization Llc.
Listing information © 2022 YES-MLS.