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1978 E 126th St
Cleveland, OH 44106
Multifamily Property For Sale
·
6 Units


Investment Highlights
- High Rental Area Of Little Italy, Walking Distance to Case Western Reserve, University Hospital, Cleveland Clinic. Restaurants and Specialty Shops,
Executive Summary
Six - Plex In the Heart Of Little Italy!**LITTLE ITALY Cash Flow Investment Property * Rare 6 Plex, Located On Private Street *All Apartments Are Remodeled Consisting Of: 10 Bedrooms In Total With 6.5 Bths * Four - 2 Bedroom And 1 Bath AND Two - 1 Bedroom And 1 Bath * All Located In A 3 Level Home On A Dead-End Street * Opportunity Knocks With This Updated 4,921 Square Foot Home * One Unit On The Main Level Is Rented As An Air B&B Which Is A Furnished 2 Bedroom And 1 Bath With Amazing Interest And Has Been Rented Month After Month * Lower Level Comes Equipped With Coin Operated Washers And Dryers, Adding Additional $100-$150 Month Profit, 2 Furnaces, 4 Hot Water Tanks, Also 1 Half Bath * Some Of The Many Updates Include: Electrical Wiring, PVC Drain Lines, Copper Plumbing, Doors And Windows, Building Totally Insulated * Walk To So Many Attractions, But Especially Little Italy's Finest Restaurants, Specialty Shops, Art District, Case Western Reserve University, Cleveland Clinic, University Hospital * Wonderful Location For Case Western Reserve Student Rentals * Owner Has Had Continuous Tenants, Never A Vacancy Since Ownership * Easy Parking On Street * Now Is Your Chance, So Jump On It And Add This To Your Portfolio * Call For Rent And Expense Sheets
Property Facts
| Price Per Unit | $112,500 | Lot Size | 0.06 AC |
| Sale Type | Investment | Building Size | 4,921 SF |
| No. Units | 6 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1900 |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | MF-1 | ||
| Price Per Unit | $112,500 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 4,921 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1900 |
| Opportunity Zone |
Yes |
| Zoning | MF-1 |
Amenities
Site Amenities
- Walk To Campus
Property Taxes
| Parcel Number | 120-32-048 | Improvements Assessment | $76,755 |
| Land Assessment | $13,790 | Total Assessment | $90,545 |
Property Taxes
Parcel Number
120-32-048
Land Assessment
$13,790
Improvements Assessment
$76,755
Total Assessment
$90,545
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