14174 SUPERIOR RD Cleveland OH 44118-5403

Look at this BRICK 14-Unit Apartment Complex in the heart of Cleveland Heights! This property features 14 units including a mixture of one bedroom and two bedroom units. 92% occupied! The building has a brand new boiler just replaced in November of 2023. All new plumbing throughout entire building 2026! Units renovated rent ready with 2 vacant units already renovated and ready to occupy! Turnkey and ready to go! Parking lot offers 25+ parking spaces! Great Property! High rental demand area! POS, Rent Roll/expenses in supplements or available upon request! Great location with 12 minutes from Downtown Cleveland, close to Case Western University, parks, shopping, world renown hospital systems: University Hospitals and Cleveland Clinic, museums and more! Don't miss out on this opportunity!

Both Apartment Buildings Are Within 12 Minutes Driving Distance To The Cleveland Clinic Main Campus. The Cleveland Clinic Is #2 In The World Only To The Mayo Clinic For Medical Research And Technology. The Cleveland Clinic Is Visited By Millions Of Out Of State And Out Of Country Patients For Out-Patient Procedures. Only An 8 Minute Drive To Case Western University. Case Western University Is A Prestigious Medical Research And Business College That Hosts 11,000 Students.

Driving Time To University Circle Which Hosts Cleveland's Greatest Museums And Cultural Attractions Is Only 9 Minutes. Cedar Lee Revitalization Project Is Ongoing Currently In Cleveland Heights Cleveland Heights Is The Second Strongest Rental Market In The Cleveland Area Catering To Short Term Renters Coming In For Medical Procedures/Visiting College Age Children, Mid Term Rental Catering To Travel Nurses And Relocating Medical Professionals, And Long Term Rentals Due To The Close Proximity To Downtown Cleveland Only 19 Minute Drive.

• 2 Commercial Buildings Next To Each Other With Shared Parking 14174 Superior Rd Cleveland Heights Oh 44118 Ο 15708 Sq Ft Useable Area
• Built In 1920- Classic C All Brick Construction
• (7) 1 Bedroom/I Bathroom Units - 700 Sq Ft Each Ο 4 Stories- 14 Apartment Units Ο (7) 2 Bedroom/I Bathroom Units- 900 Sq Ft Each
• Cleveland Heights Has A Rich History That Reflects The Broader Development Of The Greater Cleveland Area.
• The Rockefellers Constructed Several Homes In Cleveland Heights, Contributing To The City's Growth As A Desirable Suburban Community. One Notable Property Is The Rockefeller Family Estate, Which Is Now Part Of The Cleveland Heights-University Heights School District.
• Revitalization: In Recent Decades, Cleveland Heights Has Focused On Revitalizing Its Commercial Areas, Encouraging Local Businesses, And Enhancing Community Services.
• Cultural Institutions: The City Hosts A Variety Of Cultural Events And Is Home To Several Theaters, Art Galleries, And Parks, Making It A Lively Area For Residents And Visitors Alike.
• Today, Cleveland Heights Is Known For Its Strong Community Spirit, Beautiful Residential Neighborhoods, And Commitment To Cultural And Educational Excellence.

Take a look at this amazing commercial package deal! 2 brick apartment buildings and a triplex, over 20,000 sq ft with a total of 27 units; net income of over $150,000.00 a year. The triplex is currently 100% occupied, with two units being 3 bed/ 1 bath and one unit is 1 bed 1 bath with a monthly rental income of $2,500.00. One apartment building has 14 units at 85.7% occupancy; seven units are 2 bed/1 bath and seven units are 1 bed/1bath with a monthly rental income of $9,332.00. The last apartment building has a total of 10 units, all 1 bed/bath rented at 80% occupancy producing a monthly rental income of $5,925.00. Other features/updates include laundry machines on site supplied by a third party vendor, 14 newly renovated units, new boiler system and newer gas meters! Properties are close to shopping, restaurants, hospitals, freeways and more! Please contact me for more details!

These properties are being sold together and will NOT be sold separately!