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$699,000
Est. payment /mo
0.43 Acres Lot
UPDATED:
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Garfield Heights
MLS Listing ID 5128420
HOA Y/N No
Year Built 1961
Annual Tax Amount $14,594
Tax Year 2024
Lot Size 0.428 Acres
Acres 0.4276
Property Sub-Type Apartment
Property Description
Introducing 4560 E 104th to the market, an all brick 11 suite apartment building in Garfield Heights. Currently 90% occupied, with one renovated unit left vacant. 11 identical sized 1 bedroom 1 bath units. 5 renovated units in the last 5 months, pictured in the listing photos. Renovated units consist of new paint, LVP flooring, updated kitchens and baths. With cosmetic updates to the remaining 6 units and rent increases, you could significantly boost the already strong returns. Each unit is separately sub metered gas and electric. Ages of furnaces vary. Coin operated laundry and storage facilities in the basement common area. Tenants pay their own electric and gas, water/sewer currently covered by the owner. Self managed. 10 covered garage spaces with additional off street parking. Property with transfer POS compliant. Value-add play for investors-while cash flowing today with potential upside with future rental increases and upgrades.
Location
State OH
County Cuyahoga
Rooms
Basement Full
Interior
Heating Forced Air
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Parking Features Garage, Off Street, Paved, Parking Lot
Water Access Desc Public
Roof Type Flat,Rubber
Present Use Commercial,Residential,Single Family
Total Parking Spaces 14
Building
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Garfield Heights Csd - 1815
Others
Tax ID 544-02-026
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Michael L Anter • JAMM Real Estate Co. • michaelanter22@gmail.com 216-409-2888