2133 Murray Hill Road Cleveland, OH 44106
This three unit apartment building with ground level retail can generate $5, 450 in monthly rent with no additional investment. This includes $500 per month for renting the 10 parking spaces behind the building and $2, 000 projected rent for hair salon, which is currently being operated by the building owners. The development opportunity can more than double the rental income by building a two, three or four unit structure on the back portion of the .224 acre lot. Located in the heart of Little Italy, this property has been family-owned since 1975 and meticulously maintained. Each existing apartment unit has been updated and has two bedrooms and a full bathroom. The ground level updated retail space with 1/2 bath has been a successful beauty salon for many years. Key upgrades include: first floor back unit renovated in 2022; Deck added off upstairs back unit in 2022; New Furnace in upstairs front unit in 2022; Deck off first floor back unit in 2015; New roof in 2014; Driveway and waterproofing in 2014; Replacement windows in 2013; Hot water tanks for all three units in 2016.
- Property TypeMulti-Family
- NeighborhoodLittle Italy
- CountyCuyahoga
- Taxes$8,393
- HOA/Condo/Coop Fees$0
- Days on Site90 Days
- MLS StatusActive
- MLS ID Number5018688
- Home Size Source N/A
- Year Built1914
- Lot Size0.2224 Acres
- Full Baths3
- Partial Baths1
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General Features
- Construction Brick
- Parking DetachedGaragePaved
- Sewer Public Sewer
- Basement FullUnfinishedWalk Out Access
- Number of Stories 222
- Acreage 0.2224
- Water Public
- Security Smoke Detector(s)
- Property Sub Type Quadruplex
- Garage Spaces 0
- Attached Garage No
- Listing Conditions Standard
Interior Features
- Cooling Window Units
- Heating Forced AirGasGravity
- Appliances DryerDishwasherDisposalMicrowaveRangeRefrigeratorWasher
- Laundry Features Common AreaIn Unit
Exterior Features
- Roof FlatRubber
- Waterfront Property No
Community Features
- Township Cleveland
- Community Features Common Grounds AreaMedical ServiceOtherPlaygroundParkShopping
- Security Features Smoke Detector(s)