There will be online bidding for this auction. We are currently finishing the catalog. Please check back soon for online registration and bidding information.
Huge opportunity to own a well-maintained 9-unit brick apartment complex in a prime location just a block from Shaker Square! Garden style building built in 1922.
Property Features.
• Three (1 Bedroom, 1 Bath) units
• Six (3 Bedroom, 2 Bath) units
• Wood floors throughout
• Each unit is equipped with stove & refrigerator
• Separately metered electric
• Common laundry area w/ Bluetooth washer and dryers
• Paved off-street parking
• Hot water boiler heat Each tenant pays a $75 monthly admin. fee that includes: cable, Wi-Fi, water, trash, and sewer.
Strong Rental Income.
• Current rent roll: $8,450/month (with 2 vacancies)
• Potential income: $11,350/month
Excellent Location. Close to Shaker Square dining, shopping & entertainment, plus public transportation including the University CircleLink Shuttles serving Case Western Reserve & John Carroll University. Extremely well-maintained property with a strong rental history!
Cuyahoga County Parcel #144-13-005. Call today for details and to learn how to purchase this property at auction! Please respect the tenants privacy. Units will be open 1 hour prior to auction for inspection.
**NOTE: Also selling another 9-unit same day close in proximity at 2:30 PM at 2050 East 125th St., Cleveland, OH.