Historical Multifamily Sale Listing - Riverside Gardens

Multifamily For Sale

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Riverside Gardens

4027 Rocky River Drive, Cleveland, OH 44135

N/A

28 Units | Multifamily

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Multifamily Property - Off Market

Price:
N/A
No. Units:
28
Building Size:
24,000 SF
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Commission Split:
2%
Cap Rate:
9.60%
Occupancy:
100%
No. Stories:
4
Year Built:
1943
Lot Size:
2 AC
Listing ID
16397645
Last Updated
over 1 year ago

Highlights

  • Well maintained property in great neighborhood.

Description

Twenty-eight unit building (20 one bedroom and 8 two bedroom) in a middle income area of the city. The building has newer windows(2007), newer hot water tanks(2007), newer roof(approx 2005), heating boiler replaced in 1998, and approximately 23 renovated suites. Rents quickly and has been at or near full capacity for two years. Exceptionally maintained. For sale by owner. Additional discount available if buyer offers without a broker.

Cleveland, OH, West Park, two blocks south of Kamm's Corners, near the intersection of Rocky River Drive and Chatfield.

Map of 4027 Rocky River Drive, Cleveland, OH 44135 (Cuyahoga County)

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