4820 Broadview Road

$549,000, .63 Acres

About This Property

Great opportunity to own this 14 unit brick apartment building which consists of 14- 1 Bedroom units. 2 of the units have been completely renovated from A-Z (new granite counter-tops, brand new white cabinets, freshly painted throughout, new flooring throughout, etc) and some deferred maintenance has been completed for occupied units. This property is currently 93% occupied with gross rents totaling $7,110 per month. Assuming the vacant unit is leased for $565/mo, your gross rental income would increase to $92,100/yr. Laundry income also has the opportunity to add an additional $1,400+/year ($100 per unit) in income, which yields a gross potential income of $93,500 per year! Owner pays for trash, water/sewer, common area electric, and common area gas. Electric and gas are separately metered! Serious buyers only. Rent-roll available upon request.

Essential Information

MLS® #4103822
Price$549,000
Bathrooms0.00
Acres0.63
Year Built1953
TypeCommercial Sale
Sub-TypeApartment
StatusActive

Community Information

Address4820 Broadview Road
AreaCle North of Brook Park
SubdivisionSchells
CityCleveland
CountyCuyahoga
StateOH
Zip Code44109

Interior

HeatingForced Air, Gas

Exterior

RoofFlat

Additional Information

Date ListedJune 8th, 2019
Days on Market2
HOA Fees0.00

Listing Details

Courtesy Of:Keller Williams Grt Cleve SW

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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 Keller Williams Greater Cleveland are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright© 2019 YES-MLS. All rights reserved.

Listing information last updated on September 15th, 2019 at 9:32pm CDT.

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