$559,000/mo

14120 Superior Road, Cleveland, OH 44118

Rent shown is base rent as provided by the property owner or manager. Additional mandatory fees, deposits, or utilities may apply and are set by the property owner or manager.

Rental
Built in 1922
8,651sqft lot
—— car garage
$——/sqft
Listed 16 days ago

Property Description

INCREDIBLE INVESTMENT OPPORTUNITY. According to CMHA 2025 rental rates, this property would bring in 168k a year! In the 44118 Cleveland Heights Zip Code (ask agent for document on updated rental rates) this is the one to snag. Beautiful brick 7 unit building. Six, very large 3 bedroom units projected to bring in up to $12,672 each a month and a large studio in the basement to bring in up to $1,356 a month= up to $14,028 a month/168k a year. Some units occupied, however, with taking advantage of the cmha guaranteed income with the updated rents, would be best to stabilize on own. Talk about profit.. The six 3 bedroom units are all updated and move in ready, newer hot water tanks. Each unit has it's own furnace and H20 tank/separate electric and gas meters. Basement has coin laundry and newer PEX plumbing has been installed. Each unit has separate front/back door and there is a parking lot out back with three spots and parking in front of building. Close to Coventry Village, Severance center, University Circle and just a 10 min drive to Cleveland Clinic Main Campus. Location, location plus immense cash flow. Call your agent today!