1117 E 125th St is a beautifully renovated 24 unit building. This property is a rapid & stable revenue producer, upholding a very strong occupancy in its first 15 months of operations (2009-2010). A very good investment opportunity & a continuous reimbursement of your assets due in part to its entire renovation, potential rental capacity & low cost maintenance. This apartment building is located in a recently revitalized area of Cleveland featuring newly constructed single family homes and near to University Hospital, Cleveland State University & Case Western Reserve University. Easy access to public transportation. Mechanical plumbing has all new supply, drainage lines & fixtures through out. Each unit has a new forty gallon energy efficient hot water tank installed 2009. Two 100 kw transformers, brand new electrical wiring for the whole building w/individual 125 amp panels in all units plus new digital meters. Entirely up to code. Owner is willing to finance 1/2 of the building.
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