This Multifamily Property is no longer advertised on LoopNet.com.

26 W High St
Painesville, OH 44077
 Multifamily Property For Sale · 5 Units

Apartment Buildings Ohio Painesville 26 W High St, Painesville, OH 44077

Property Facts

No. Units 5 Building Size 6,655 SF
Property Type Multifamily Average Occupancy 100%
Property Subtype
Apartment
  • Multifamily Apartments
  • Multifamily Dormitory
 No. Stories 2
Building Class C Year Built/Renovated 1940/2017
Lot Size 0.27 AC Parking Ratio 0.9/1,000 SF
Zoning R-3
No. Units 5
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Apartments
  • Multifamily Dormitory
Building Class C
Lot Size 0.27 AC
Building Size 6,655 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1940/2017
Parking Ratio 0.9/1,000 SF
Zoning R-3

About 26 W HIGH ST , PAINESVILLE, OH 44077

CREO REAL ESTATE IS PLEASED TO OFFER THIS STABLIZED 5 UNIT BRICK BUILDING FOR SALE. BUILDING WAS PURCHASED 8 MONTHS AGO ON ASSUMPTION FOR A REFINANCE THAT DIDN'T TAKE PLACE. 3 OF 5 TENANTS LONG TERM AND ARE DUE FOR AN INCREASE THAT MANAGMENT HAS SET FOR JULY. TENANTS HAVE ALL BEEN GIVEN NOTICE OF INCREASE WHICH WILL INCREASE YOUR NOI BY 3600 ANNUALLY PUTTING YOUR CAP RATE OVER 11%. ALSO OPPORTUNITY TO PUT IN CO OP LAUNDRY MACHINES. CURRENT MACHINES NON OPERATIVE AN OWNER WAS WAITING ON REFINANCE TO PURCHASE NEW. CALL MARY PALUMBO TODAY 440-537-5887.

Property Taxes

Parcel Number 15-C-005-0-00-041-0 Improvements Assessment $67,820
Land Assessment $8,950 Total Assessment $76,770

Property Taxes

Parcel Number
15-C-005-0-00-041-0
Land Assessment
$8,950
Improvements Assessment
$67,820
Total Assessment
$76,770
 

  • Listing ID: 11816117

  • Date on Market: 3/5/2018

  • Last Updated:

  • Address: 26 W High St, Painesville, OH 44077

More public record information on 26 W High St, Painesville, OH 44077

The Multifamily Property at 26 W High St, Painesville, OH 44077 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.

MULTIFAMILY PROPERTIES IN NEARBY NEIGHBORHOODS

NEARBY LISTINGS

1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View Street
Map
26 W High St, Painesville, OH for sale Other- Image 1 of 1
painesville 6
Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}
You can provide feedback any time using the Help button at the top of the page.