Remarks

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.

Details

MLS#: 5128420
Price: $699,000

Style: CommercialSale
Baths Half: 0
Sq Ft: 0
Year Built: 1961

County: Cuyahoga
Subdivision: Garfield Heights
Tax Fee: 14594