Constructed of low-maintenance brickOn-site laundry facility
This 16-unit multifamily opportunity (two buildings with 8 units each) offers a compelling value-add investment in a high-demand rental corridor adjacent to Cleveland State Community College.
The property consists of all 1 bed / 1 bath units, ideally suited for student housing, providing consistent occupancy potential and reliable rental demand. Constructed of low-maintenance brick, the asset includes an on-site laundry facility, creating an additional income stream opportunity.
With its prime location near campus, tenants benefit from walkable access to school and a short drive to restaurants, retail, and I-75, enhancing long-term desirability.
Value-add potential exists through interior upgrades, rent optimization, and operational efficiencies--positioning this asset for increased NOI and long-term appreciation.
Ideal for investors seeking stable cash flow with upside, this property combines location, durability, and scalability in a growing rental market.
115 days
|
137
|
10
|
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Heath Davis423-476-3205,
Award Realty II423-476-3205,
Elizabeth Davis,
Award Realty II
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3217070
Facts & features
Interior
Heating
Central, Electric
Cooling
Central Air
Features
Flooring: Laminate
Interior area
Total structure area: 5,022
Total interior livable area: 5,022 sqft
Property
Parking
Parking features: Concrete, Paved
Features
Levels: Two
Stories: 2
Lot
Size: 0.93 Acres
Dimensions: 202 x 201
Details
Parcel number: 033M F 03400 000
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Attached to another structure: Yes
Materials
Brick, Other
Roof: Shingle
Condition
New construction: No
Year built: 1986
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Available, Water Available
Source: RealTracs MLS as distributed by MLS GRID #2783807Report a problem
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Source: RealTracs MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.