Cleveland Heights, OH 44106,2729 Euclid Heights BLVD
Cleveland Heights, OH 44106,2729 Euclid Heights BLVD
Cleveland Heights, OH 44106,2729 Euclid Heights BLVD
50
See all 50 photos
$965,000
Est. payment /mo
Save
8,746 Sqft Lot
Active

2729 Euclid Heights BLVD Cleveland Heights, OH 44106

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Mon
23
Dec
Tue
24
Dec
Wed
25
Dec

UPDATED:

12/10/2024 12:27 AM

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision Euclid Heights Allotment

MLS Listing ID 5050684

HOA Y/N No

Year Built 1920

Annual Tax Amount $22,268

Tax Year 2023

Lot Size 8,746 Sqft

Acres 0.2008

Property Description

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 $10,085 per month, with a proforma potential of $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 $13,000 per month.

Take advantage of this rare investment opportunity in one of Cleveland Heights' most desirable areas!

Location

State OH

County Cuyahoga

Rooms

Basement Full

Interior

Heating Hot Water, Steam

Cooling None

Fireplace No

Exterior

Water Access Desc Public

Roof Type Composition,Flat

Present Use Residential

Building

Story 3

Sewer Public Sewer

Water Public

Schools

School District Cleveland Hts-Univer - 1810

Others

Tax ID 685-11-023

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Standard


Listed by Tal Tamir • Russell Real Estate Services • tal@premierclevelandinvesting.com 216-870-8687

GET MORE INFORMATION

Kristopher Kramer

License ID: 2017004557

+1(330) 391-1545

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.

Go tour this home

2729 Euclid Heights BLVD