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$ 999,998
Est. payment | /mo
3,920 Sqft Lot
$ 999,998
Est. payment | /mo
3,920 Sqft Lot
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID 5129455
HOA Y/N No
Year Built 1900
Annual Tax Amount $22,141
Tax Year 2024
Lot Size 3,920 Sqft
Acres 0.09
Property Sub-Type Apartment
Property Description
Here is your chance to own a rare set of BRICK Quadplexes right next to each other in the heart of Little Italy!! This set of 8 total units is 100% occupied and bringing in a total of $7,690/month in gross rent! Many of these units are due for a rent raise with the lower rents in the building under the $850/month mark should be pushing out similar rents as the other units in the building at $1,100+/month. This has the ability to bring in around the $9,000/month mark in gross rent! There is a shared driveway in between both buildings allowing for of off street parking which is rare in Little Italy. There is 2 garage spots and additional covered parking spots in the back as well. The building is beautifully crafted brick construction with newer vinyl windows throughout. The buildings have recent capex and other improvements including appliances, well maintained roofs, some newer furnaces/mechanicals and more. *1949 has laundry that is coin operated which could be setup to bring in additional income. Come check out 1947-1949 Coltman today
Location
State OH
County Cuyahoga
Rooms
Basement Common Basement
Interior
Heating Forced Air, Gas
Fireplace No
Exterior
Parking Features On Site, Outside, Paved, On Street
Water Access Desc Public
Roof Type Asphalt,Fiberglass,Flat
Present Use Residential,Single Family
Building
Story 2
Sewer Public Sewer
Water Public
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 120-30-046
Special Listing Condition Standard
Listed by Joshua Janus • Key Realty • josh@janusdevelopment.co 614-502-5316
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "