14174 Superior Road Cleveland Heights, OH $ 1,000,000
14174 Superior Road
$ 1,000,000
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14174 Superior Road

Cleveland Heights, OH, 44118
$ 1,000,000
Baths0.0

Monthly Estimate*

$ 6,985

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View a Virtual Tour
Studio

Commercial Property for sale in Cleveland Heights, OH

for $1,000,000. This building was built in 1920 on a lot size of 0.2509.

TURNKEY APARTMENT BUILDING! If you are looking cash producing apartment complex that is almost at 100% occupancy, then look no further! Producing over $7,500 in rent a month right now, at max rental occupancy, you will be looking at over $11,000 a month for a total of over $135,000 GCI at a 13.5% cap rate before expenses! This property features 14 units, 7 one bed one bath units and 7 two bed one bath units. Each unit features beautiful hardwood floors, tons of natural lighting and spacious bedrooms! Property management is estimating to have all units tenanted by the end of April. Mechanics are also new including the hot water tanks, a brand new $40,000 boiler system and updated electric throughout the entire complex! All it is missing is its new owner! There is one extra unit that needs a complete remodel and could create additional income for the property. Mix and match! This property can be purchased individually, with 684-03-006, 684-03-033 or all 3 for $2,000,000. POS to be ordered upon executed contract and buyer to assume POS violations. Hurry! This property won't last long!

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Commercial Active

Price

$ 1,000,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 29,653

Style

Lot Size

0.2509

Year Built

1920

Town/City

Cleveland Heights

County/Region

Cuyahoga

MLS | Web ID

5025007

Features
General
Sewer PublicSewer
Heating HotWater Steam
Cooling None
Possession DeliveryOfDeed
Year Built 1920
Township Cleveland Heights
Property SubType Apartment
Tax Year 2022
County Cuyahoga
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Subdivision Name Ridge Road
Garage Y/N Y
Status Active
Directions at the intersection of Superior and Mayfield Rd.
City Cleveland Heights
Buyer Agent Compensation 1%
View Y/N N
Senior Community Y/N N
High School District Cleveland Hts-Univer - 1810
Waterfront Y/N N
Carport Y/N N
Street Name Superior
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 29653.0
Home Warranty Y/N N
Property Condition UpdatedRemodeled
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 0
Standard Status Active
Middle/Junior School District Cleveland Hts-Univer - 1810
Elementary School District Cleveland Hts-Univer - 1810
Year Built Source PublicRecords
Virtual Tour https://matterport.com/discover/space/g7syRrmP3vs
Property Sub Type Additional Apartment
Buyer Agent Compensation Type Item1
Legal Description 47 RIDGEF RD &S/L13 ALL 0012 ALL
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Interior
Basement Unfinished
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Street Suffix Road
Electric On Property Y/N N
Main Level Bathrooms 0
Total Baths 0
Living Area Units SquareFeet
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Exterior
Parking Features AdditionalParking Detached Garage ParkingLot
Water Source Public
Lot Size Area 0.2509
Spa N
Lot Size Acres 0.2509
Lot Size Units Acres
Lot Size Source Assessor
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 14174
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* Excluded Features
List By
Morgan McClain

Listing Agent

Coldwell Banker Schmidt Realty

Broker

Morgan.McClain@cbschmidtohio.com

Email

Affordability Calculator

$9,456
Per Month
74%
26%
0%
Monthly Principal & Interest
$6,985
Monthly Property Taxes
$2,471
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4457630 Elementary School
4457690 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/22/2024$1,000,000 Listed Price

Map


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14174 Superior Road, Cleveland Heights, OH, 44118 is a Commercial Property for sale at $1,000,000 with a lot size of 0.2509. 14174 Superior Road is a studio with 0.0 baths and was built in 1920. The property's zip code is 44118 which is in Cleveland Heights, OH