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4898 E 95th Street
Garfield Heights, OH 44125

$1,125,000

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Listing Details

  • $1,125,000
  • MLS# 5206133
  • Type Commercial - Business
  • Status Active
  • 0.115 acres
    Lot Size
  • 1926
    Year Built
  • Garfield Heights City
    Local Schools

Home Value Estimate


Description

PORTFOLIO SALE ? 11 single-family rentals across Cleveland and the inner-ring suburbs, offered as one transaction at $1,125,000 ($102K/door). Currently producing $135,216 in annual gross rent (10 of 11 units occupied) with significant proforma upside as below-market rents roll. The portfolio includes: 1236 E 173rd St, 1115 Villaview Rd, and 18324 Landseer Rd (44119); 16010 S Lotus Dr (44128); 4898 E 95th St, 4838 Rockwood Rd, and 10014 Parkview Ave (44125); 14202 Rexwood Ave and 4265 E 126th St (44105); 3497 Boynton Rd and 3281 Berkeley Rd (Cleveland Heights). Unit mix ranges from 2/1 to 4/3 configurations. The value-add story is straightforward:...read more

Features

  • Forced Air
  • $3,481 / year Taxes
  • Public
  • Built in 1926