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1578 W 116th Street
Cleveland, OH 44102

Sold 10/31/2017
Commercial

Calling ALL investors, DO NOT pass on this opportunity to own a turn-key, low maintenance, 6-Unit Apartment building ideally located one street from Lakewood's up and coming Bird Town Neighborhood and just minutes away from the W.117th-Madison RTA Train Station that connects patrons from Cleveland Hopkins International airport-to-Downtown Cleveland-to the East side of Cleveland. Currently, ALL units are occupied with long term tenants that produces a $3490 monthly rent roll with potential to reach $4000/month. All windows have been replaced in 3 phases within the last 10 years as-well as water tanks and furnaces. Coin operated washer/dryer stay and bring in an additional est 1k/yr. (3) 2 car garages available for tenant parking (one of only a few property's on the street that have parking) with ample storage room in the building's full basement. The property has been well-cared for by the sellers.

Property Details
  • $4,208.00
    taxes
  • 1927
    built
  • 3917707
    MLS#
Attic fan
Electric heat
Forced air heat
Natural gas heat
Window unit air conditioner
Basement
Unfinished basement
Full basement
Parking spaces: 6
Subdivision: S B Marshalls Sub
Rubber roof
Public sewer
Public water
Courtesy of:
Keller Williams Grt Cleve SW

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855-GO-HANNA
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Cleveland Real Estate Market in 44102
331
Properties for sale right now
$151,216
Average sale price
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1578 W 116th Street, Cleveland, OH 44102 commercial was sold for $274,500.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of CRIS. Real estate listings held by brokerage firms other than Howard Hanna are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s).