Vision Sales Team

1615 Ridgefield Road

Cleveland Heights , OH 44118

MLS#: 5125616

$619,000

Status: Active
Listing number: 5125616
Listing provided by: Coldwell Banker Schmidt Realty
Listing agent phone: None
Last update: 29 days ago
On site: 6 months ago
Browse Properties
Euclid 09 - Commercial Sale

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1930

Sq.Footage

N/A

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!

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Basement YN

    YES

  • Cooling YN

    NO

  • Cooling

    None

  • Heating YN

    YES

  • Heating

    Hot Water, Steam

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    Asphalt, Parking Lot, On Street

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.1401

  • Property Type

    Commercial Sale

  • Property Sub Type

    Apartment

Price

  • Sales Price

    $619,000

  • Tax Amount

    19200.0

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    Cleveland Hts-Univer - 1810

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    3

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

County

Cuyahoga

Elementary School

Cleveland Hts-Univer - 1810

Middle School

High School

Listing Courtesy of Leilani M Bowersock , Coldwell Banker Schmidt Realty

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Agent KeithVanke

AGENT

KeithVanke

Call Keith today to schedule a private showing.

(330) 714-8738

Keith@VisionSalesTeam.com


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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!

1615 Ridgefield Road

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