Listed By
Agency Name: Coldwell Banker Schmidt Realty
Agency Contact: leilani7b@gmail.com, 440-570-9514
Shown By
Agent Name: Roger McDaniel
Agent Phone: (614) 570-3260
Agency Title: Cutler Real Estate
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Property Description
Look at this 10 UNIT BRICK apartment building in the heart of Cleveland Heights! This charming property offers 10 one bedroom/one bath units! Cash flowing! 7 out of 10 units occupied! Built in 1930- Classic ALL brick construction with 25 plus combined parking spaces! Professional Property Management in place! Current rents: $700/$775/$775/$775/$800/$795/$900 on leases and pay their own electric. Nice parking lot with 25 combined parking spaces! Rent Roll/Expenses in supplements or available upon request. Updates include: ALL units renovated rent ready except 1 unit in basement (untouched)- with 2 vacant units ready for your tenant, 2023 full gas line repairs throughout building over $12K done, Brand New Boiler December 2025! 98% all newer plumbing with PEX or Copper! POS in supplements, funds already escrowed to cover this, as is, buyer to assume. Great Property! High rental demand area! Great location with 12 minutes from Downtown Cleveland, close to Case Western University, parks, shopping, world renown hospital systems: University Hospitals and Cleveland Clinic, museums and more!
Property Features
Property Type: Commercial - Business
Basement: Other
Basement: Yes
Cooling: None
Days on Market: 307
Heating: Hot Water, Steam
Lot Size: 0.14 Acres
Roof Type: Other, Spanish Tile
Stories: 3.0
Taxes: $19,200 / year
Year Built: 1930
Feature Descriptions
Parcel#: 684-03-033
Parking: Asphalt, Parking Lot, On Street
Sewer: Public Sewer
Units: 10
Water: Public
Local Schools
School District: Cleveland Hts-Univer - 1810
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1615 Ridgefield Road | MLS# 5125616
This commercial property located at 1615 Ridgefield Road, Cleveland Heights, OH 44118 is currently listed for sale with an asking price of $619,000. Ridgefield Road is located within the Cleveland Hts-Univer - 1810 school district. Search Cleveland Heights real estate on rmcdaniel.cutlerhomes.com today.