Address
2523 West Royalton Rd, Broadview Heights, OH
Price
$ 995,000
Property Attributes
  • MLS#4460922
  • TypeCommercial
  • CountyCUYAHOGA
  • CityBroadview Heights
  • NeighborhoodMacintosh Farms 01
  • Zip44147
  • Style
  • Price$ 995,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size2.69 Acres
Data Source:
MLSNow
Property Description

Extraordinary opportunity awaits! Discover a remarkable portfolio of 7 single family homes strategically located in Ohio. With 6 properties clustered in the vibrant city of Cleveland & 1 in the charming community of Broadview Heights, this portfolio offers an enticing mix of prime locations & diverse rental opportunities. This is a fully occupied portfolio, boasting long-term tenants who have called these homes their own for an impressive 10-15 years. The stability of month-to-month leases ensures flexibility for you as the investor, while the tenants' dedication and loyalty speak volumes about the desirability of these properties. Prepare to be impressed by the exceptional cash flow, currently yielding a remarkable rental income of $8,250 per month. Imagine the potential of such an investment, with tenants responsible for ALL utilities, minimizing your expenses & maximizing your profit potential! Ohio's affordable real estate market has long been a haven for astute investors, & this portfolio is a shining example of the tremendous value it offers. Furthermore, the strategic location of these properties presents an abundance of growth opportunities. Seize the opportunity to secure this turnkey portfolio and make your mark in the Ohio real estate market. Reach out for detail breakdown on each house! Contact us today! * For the 6 additional properties, parcel id's: 018-19-008 * 018-19-004 * 018-19-014 * 018-23-089 * 018-29-002* 017-02-075

Price History
5/24/2023 Listed $995,000

General Features

Additional Parcels Y/N No
Association Y/N No
Buyer Agent Compensation 3/2/1
Carport Y/N No
City Broadview Heights
County Cuyahoga
Directions GPS
Garage Y/N No
Heating ForcedAir
Home Warranty Y/N No
Land Lease Y/N No
Lease Considered Y/N No
Lease Renewal Y/N No
Mobilehomeremainsyn No
New Construction No
Possession DeliveryOfDeed
Private Pool No
Property Attached Y/N No
Property Sub Type Additional Other
Property SubType Other
Property Type CommercialSale
Rent Control Y/N No
Senior Community Y/N No
Sewer PublicSewer
Standard Status Active
Status Active
Street Name Royalton
Subdivision Name Macintosh Farms 01
Tenant Pays AllUtilities
Terms Cash, Conventional, OwnerWillCarry
Total Actual Rent 8250.0
Township Broadview Heights/North Royalt
View Y/N No
Virtual Tour https://www.propertypanorama.com/2523-West-royalton-Rd-Broadview-Heights-OH-44147/unbranded
Waterfront Y/N No
Year Built 1936
Year Built Details Actual YBT

Interior Features

Air Conditioning Y/N No
Basement (Y/N) Yes
Electric On Property Y/N No
Fireplace Y/N No
Heating Y/N Yes
Street Suffix Road

Exterior Features

Attached Garage No
Days on Market 2
Living Area 0.0
Showing Instructions Call Agent
Building Area Total 0.0
Crops Included Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No
Lot Size Acres 2.69
Lot Size Area 2.69
Lot Size Units Acres
Open Parking Y/N No
Spa No
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 44147

Price
AVG $800K
$1,000K
Visits
AVG 10
3
Year Built
AVG 1938
1936