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6911 Franklin Boulevard

Cleveland, OH 44102
  • $495,000
  • STATUS: Active
  • ON SITE: 76 Days
  • MLS #: 4329588
UPDATED: 33 min ago
$495,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,976
    SQFT
  • $124
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1892
County:

School Ratings & Info

Listing courtesy of Re/Max Crossroads Properties.
Listing information © 2022 YES-MLS.

Description

Detroit-Shoreway four-plex income property with great apartment units near the Gordon Square Arts District! Many updates and an excellent rental history make this investment property an exceptional value. First floor units are flats with one bedroom, one bath floor plans while the upper level units are two bedroom, one bath townhome style floor plans. The property offers off-street parking (key to higher rents and less vacancy time). Some units are near market rate while some have long-term tenants with low rents; most tenants are month-to-month. The projected monthly income could be $5k without doing much. Units have separate utilities (gas/electric), all appliances are included plus coin laundry. Windows, roof, mechanicals and systems replaced/ updated over the past 10 years. An attractive property, good investment, fantastic location.Located 3.5 miles from downtown CLE (8 minute ride), 1.5 miles to the W25th corridor of destinations, 1.0 miles to Edgewater State Park and Beach (6 minute bike ride), just a 1/3 mile to Gordon Square Arts District with shoppes, theaters, eateries, pubs and all sorts of cool places! This property is close to many destinations. Limited showings, some units available to view only with written offers. Inquire for details of rental terms and additional operational expenses.

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Listing information © 2022 YES-MLS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than The Art of Real Estate | Keller Williams Elevate are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2022-01-18T16:08:42.703.
www.artofrealestatecle.com/homes/122957229
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6911 Franklin Boulevard Cleveland, OH 44102

  • Price: $495,000
  • Status: Active
  • On Site: 76 Days
  • Updated: 33 min ago
  • MLS #: 4329588
0
Beds
0
Baths
0
½ Baths
0.13
Acres
3,976
SQFT
$124
$/SQFT
1892
Built
Neighborhood:
Detroit Shoreway
County:
Cuyahoga
Area:
Cle Between West Blvd & Cuy River
Property Description
Detroit-Shoreway four-plex income property with great apartment units near the Gordon Square Arts District! Many updates and an excellent rental history make this investment property an exceptional value. First floor units are flats with one bedroom, one bath floor plans while the upper level units are two bedroom, one bath townhome style floor plans. The property offers off-street parking (key to higher rents and less vacancy time). Some units are near market rate while some have long-term tenants with low rents; most tenants are month-to-month. The projected monthly income could be $5k without doing much. Units have separate utilities (gas/electric), all appliances are included plus coin laundry. Windows, roof, mechanicals and systems replaced/ updated over the past 10 years. An attractive property, good investment, fantastic location.Located 3.5 miles from downtown CLE (8 minute ride), 1.5 miles to the W25th corridor of destinations, 1.0 miles to Edgewater State Park and Beach (6 minute bike ride), just a 1/3 mile to Gordon Square Arts District with shoppes, theaters, eateries, pubs and all sorts of cool places! This property is close to many destinations. Limited showings, some units available to view only with written offers. Inquire for details of rental terms and additional operational expenses.
Exterior Features

Levels Three Or More Parking Features On SitePrivate Parking Total 4 Roof AsphaltFiberglass

Interior Features

Basement Common Basement Basement YN Yes Building Area Total 3976 Cooling OtherWall Unit(S) Cooling YN Yes Heating Forced AirGas Heating YN Yes

Property Features

Above Grade Finished Area 3976 Lease Considered YN No Owner Pays SewerTrash CollectionWater Ownership Principal/Nr Property Sub Type Apartment Sewer Public Sewer Tax Annual Amount 4087 Tenant Pays ElectricityGas Township Gordon Square Water Source Public Year Built Details Actual Ybt

Listing information © 2022 YES-MLS.
Listing provided courtesy of Re/Max Crossroads Properties.
Listing information © 2022 YES-MLS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than The Art of Real Estate | Keller Williams Elevate are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2022-01-18T16:08:42.703.
 
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18318 Pearl Road
Strongsville OH, 44136
Listing courtesy of Re/Max Crossroads Properties.
Listing information © 2022 YES-MLS.