This Multifamily Property is Off-Market.

4027 Rocky River Drive
Cleveland, OH 44135 ·

28 Units · Multifamily For Sale

N/A

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Riverside Gardens

Price N/A Commission Split 2%
No. Units 28 Cap Rate 9.60%
Building Size 24,000 SF Occupancy 100%
Property Type Multifamily No. Stories 4
Property Sub-type Garden/Low-Rise Year Built 1943
Property Use Type Investment Lot Size 2 AC
Listing ID: 16397645 Date Created: 09/17/2009 Last Updated: 11/26/2010

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.

Highlights

  • Well maintained property in great neighborhood.

Research

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

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