Commercial Real Estate for Sale at 2729 Euclid Heights Boulevard in Cleveland Heights, OH for $965,000

Listing data updated November 19, 2024 - 7:17pm
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2729 Euclid Heights Boulevard | Cleveland Heights

$965,000 | 0.0 Sq. Ft.

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.\r\n\r\nThis fully occupied property is currently generating an impressive $9,905 per month, with a proforma potential of nearly $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.\r\n\r\nAll 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 nearly $13,000 per month.\r\n\r\nTake advantage of this rare investment opportunity in one of Cleveland Heights' most desirable areas! MLSNow 5050684

Directions to property: South of HWY 322

MLS Listing ID: 
MLSNow 5050684
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Status (Local): 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$965,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Property Sub Type: 
Apartment
Primary Market Area: 
Cleveland Heights
Address: 
2729 Euclid Heights Boulevard, Cleveland Heights, OH 44106
County: 
Cuyahoga
Latitude: 
41.5079660
Longitude: 
-81.5823090
Directions: 
South of HWY 322
Public Remarks: 
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.\r\n\r\nThis fully occupied property is currently generating an impressive $9,905 per month, with a proforma potential of nearly $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.\r\n\r\nAll 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 nearly $13,000 per month.\r\n\r\nTake advantage of this rare investment opportunity in one of Cleveland Heights' most desirable areas!
Community Information
School District: 
Cleveland Hts-Univer - 1810
Subdivision: 
Euclid Heights Allotment
Building Details
Details about the building on a property.
Stories: 
4
Year Built: 
1920
Living Area: 
0.0
Basement: 
Full
Construction
Roof: 
Composition,Flat
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Hot Water,Steam
Cooling System: 
None
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.2
Lot Size (Area): 
0.2
Public Record
Parcel Number: 
685-11-023
Annual Tax: 
$22,268.00
Contract Details
Details about the listing contract.
Possession: 
Delivery Of Deed
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
Tal Tamir
Listing Office Name: 
Russell Real Estate Services

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