4467 Lee Rd 9 Unit Apartment Building $675,000 ($75,000/Unit) Cleveland, OH 44128

Discover an incredible investment opportunity with this impressive 9-unit apartment building located at 4467 Lee Rd, Cleveland, OH 44128. Spanning over 8,000 square feet, this all-brick structure offers durability and timeless appeal. Each of the 9 units features 2 bedrooms and 1 bathroom, making it an ideal option for renters seeking comfortable and spacious accommodations. With 8 of the 9 units already occupied, this property offers immediate cash flow for savvy investors. Projected rent at an average market value exceeds $90,000 in gross income. All current leases are month to month. Recent updates enhance its value and functionality, including a brand-new roof, individual furnaces in every unit, basement waterproofing, and cosmetic renovations in several units, ensuring a low-maintenance future for the next owner. The property also boasts private parking, a sought-after amenity for tenants. Conveniently located in Cleveland's 44128 area, this property is close to shopping, dining, and public transportation, making it highly attractive to prospective renters. Don’t miss your chance to own a solid, income-generating property with substantial upside potential. Schedule your private showing today and take the first step toward expanding your real estate portfolio!