1615 Ridgefield Road

Highlights:

• Annual Tax: $ 19200.0
• Water: Municipal Water
• Heating Fuel Type: Hydro Heat
• Sewer: Public
• Heating Type: Steam Heat
• Roof: Spanish Tiles

Description:

Look at this 10 UNIT BRICK apartment building in the heart of Cleveland Heights! This charming property offers 10 one bedroom/one bath units! Cash flowing! 7 out of 10 units occupied! Built in 1930- Classic ALL brick construction with 25 plus combined parking spaces! Professional Property Management in place! Current rents: $700/$775/$775/$775/$800/$795/$900 on leases and pay their own electric. Rent Roll/Expenses in supplements or available upon request.
Updates include: ALL units renovated rent ready except 1 unit in basement (untouched)- with 2 vacant units ready for your tenant, 2023 full gas line repairs throughout building over $12K done, Boiler scheduled to be fully replaced in October 2025! POS in supplements, as is, buyer to assume. Great Property!
High rental demand area! 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!