2443 Noble Road

$250,000, .28 Acres

About This Property

Unique opportunity to add a stabilized 5-unit, brick multi-family building to your portfolio. This property has incredible street exposure for drive by tenants and free marketing! This property cash flows from day one and will need minor ongoing maintenance. This property has updated pex plumbing, updated electrical, individual furnaces and hot water tanks, and a private detached six car garage that is not currently being utilized! These can be easily rented out for $10-20 month/space adding additional income to your bottom line. All five spaces are large and spacious two bedroom and one bath units with updated tile bathrooms, newer fixtures, carpet, or hardwood throughout, fresh paint and appliances provided by owner! All five units have been renovated to a certain degree and in order to increase rents to the market rate of the building and area ($800) there will need to be very minor work done! Building is fully occupied, do not approach the property or tenants. Thank you! Please see supplements for rent roll, pro forma, and Trailing 12!

Essential Information

MLS® #4165527
Price$250,000
Bathrooms0.00
Acres0.28
Year Built1951
TypeCommercial Sale
Sub-TypeApartment
StatusActive

Community Information

Address2443 Noble Road
AreaCleveland Heights
CityCleveland Heights
CountyCuyahoga
StateOH
Zip Code44121

Amenities

Parking

Covered, Indoor, On Site, Private

Interior

HeatingForced Air, Gas
CoolingNone, Wall Unit(s)
Has BasementYes
BasementCommon Basement, Unfinished

Exterior

RoofAsphalt, Fiberglass

Additional Information

Date ListedFebruary 4th, 2020
Days on Market50
HOA Fees0.00

Listing Details

Courtesy Of:Century 21 HomeStar

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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© 2020 YES-MLS. All rights reserved.

Listing information last updated on April 2nd, 2020 at 1:46pm CDT.

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