1615 Ridgefield RD Active Save Request In-Person Tour Request Virtual Tour
Cleveland Heights,OH 44118
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Euclid 09
MLS Listing ID 5125616
HOA Y/N No
Year Built 1930
Annual Tax Amount $19,200
Tax Year 2023
Lot Size 6,102 Sqft
Acres 0.1401
Property Sub-Type Apartment
Stories Three Or More
Story Three Or More
Property Description
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. 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! 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!
Location
State OH
County Cuyahoga
Rooms
Basement Other
Interior
Heating Hot Water,Steam
Cooling None
Fireplace No
Exterior
Parking Features Asphalt,Parking Lot,On Street
Water Access Desc Public
Roof Type Other,Spanish Tile
Total Parking Spaces 25
Building
Story 3
Sewer Public Sewer
Water Public
Level or Stories Three Or More
Schools
School District Cleveland Hts-Univer - 1810
Others
Tax ID 684-03-033
Acceptable Financing Cash,Conventional,1031 Exchange
Listing Terms Cash,Conventional,1031 Exchange
Special Listing Condition Standard