4820 Broadview Road

Estimated Monthly Payment: $3,501/mo 4820 Broadview Road, Cleveland, OH 44109 MLS# 4103822 Commercial Sale Listing Status: Active
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REMARKS:

Great opportunity to own this 14 unit brick apartment building which consists of 14- 1 Bedroom units. 2 of the units have been completely renovated from A-Z (new granite counter-tops, brand new white cabinets, freshly painted throughout, new flooring throughout, etc) and some deferred maintenance has been completed for occupied units. This property is currently 93% occupied with gross rents totaling $7,110 per month. Assuming the vacant unit is leased for $565/mo, your gross rental income would increase to $92,100/yr. Laundry income also has the opportunity to add an additional $1,400+/year ($100 per unit) in income, which yields a gross potential income of $93,500 per year! Owner pays for trash, water/sewer, common area electric, and common area gas. Electric and gas are separately metered! Serious buyers only. Rent-roll available upon request.

OVERVIEW:

Commercial Sale
Apartment
Active
Cle North of Brook Park
Schells
1953
0.63
Flat
Forced Air, Gas
Public, Public
Public Sewer, Public Sewer

FINANCIAL:

$549,000
$11,969

NEIGHBORHOOD & SCHOOL INFORMATION:

Broker Reciprocity Courtesy of Keller Williams Grt Cleve SW

 

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