$965,000
Active
57 Days Online
0 Beds0 Baths0 SQFT
Active

2729 Euclid Heights Boulevard Cleveland Heights, OH 44106

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Discover this remarkable 8-unit brick apartment building located in the heart of Coventry Village, within the highly sought-after Cleveland Heights neighborhood. Enjoy seamless access to major healthcare centers like Cleveland Clinic Main Campus (8-minute drive) and University Hospital Main Campus (6-minute drive) as well as educational institutions like Case Western Reserve (4-minute drive), Notre Dame College (11-minute drive), and John Carroll University (12-minute drive). In addition, this 8-unit property is situated just steps away from live music venues, vibrant bars, delectable restaurants, and eclectic shopping destinations. This ideal, prime location makes it very desirable for tenants of all backgrounds from medical students, doctors, college students and those interested in great nightlife. This fully occupied property is currently generating an impressive $9, 905 per month, with a proforma potential of nearly $13, 000 per month. Each unit has separate electric meters, with tenants responsible for their own electric bills and the boiler & water/sewer being the responsibility of the owner. All units boast beautiful natural hardwood floors throughout, adding charm and appeal, and large windows flood the spaces with natural light, creating a bright and inviting atmosphere. The property includes six covered garage spots, providing convenient and secure parking for tenants. Some units have undergone updates, including refinished hardwood floors, modern paint, and upgraded bathrooms and kitchens. With additional simple cosmetic upgrades, you can easily reach the proforma rent of nearly $13, 000 per month. Take advantage of this rare investment opportunity in one of Cleveland Heights' most desirable areas!

  • Property TypeCondo
  • NeighborhoodEuclid Heights Allotment
  • CountyCuyahoga
  • Taxes$22,268
  • HOA/Condo/Coop Fees$0
  • Days on Site57 Days
  • MLS StatusActive
  • MLS ID Number5050684
  • Home Size Source Assessor
  • Year Built1920
  • Lot Size0.2008 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Sewer Public Sewer
  • Basement Full
  • Number of Stories 43
  • Acreage 0.2008
  • Water Public
  • Property Sub Type Apartment
  • Attached Garage No
  • Listing Conditions Standard

Interior Features

  • Cooling None
  • Heating Hot WaterSteam

Exterior Features

  • Roof CompositionFlat

Community Features

  • Township Cleveland Heights

Schools

School District
Cleveland Hts-Univer - 1810
Elementary School
Unknown
Middle School
Unknown
High School
Unknown

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Monthly Payment (Est.)

$4,849
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