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listing
1 of 27
CommercialFor Sale
$2,500,000
4400 Rocky River Drive
Cleveland, OH 44135
Courtesy of Keller Williams Citywide
MLS: MLS Now
Est. Mortgage
$13,005/mo

Fully occupied, 27 unit apartment building around the corner from the VERY hot Kamm's Corner neighborhood! Ideally located next to all public transportation and infinite job opportunities, 7 min from the airport and near both major westside highways. Over 25 units have been renovated to include new lvp floors, paint, and more. Market rent is $875/ mo. and many units are getting that already. The owners have also started implementing a utility charge to new leases. At this time, 10 of the units pay an average of $90/mo towards utilities. At that rate, you could reduce your expenses by nearly $2500/ mo or $30,000/ year once all units have it written into the lease. GREAT location and truly passive investment on Cleveland's westside. Owner will look at all offers. Sellers are offering additional commission- contact agent for more details.

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Information courtesy of Keller Williams Citywide is subject to verification and is not guaranteed.
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