Cleveland, OH 44135,4787 W 130th ST
Cleveland, OH 44135,4787 W 130th ST
Cleveland, OH 44135,4787 W 130th ST
27
$388,000
$399,900
3.0%
Est.Price: ?

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5,078 SqFt

4787 W 130th ST Cleveland, OH 44135

Est. payment /mo
SOLD DATE : 05/12/2021

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Key Details

Sold Price $388,000

Property Type Commercial

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

Square Footage 5,078 sqft

Price per Sqft $76

Subdivision Homesite

MLS Listing ID 4260750

Sold Date 05/12/21

HOA Y/N No

Abv Grd Liv Area 5,078

Total Fin. Sqft 5078

Year Built 1962

Annual Tax Amount $9,559

Lot Size 7,000 Sqft

Acres 0.1607

Property Sub-Type Apartment

Property Description

This is an exceptionally rare opportunity to purchase a turnkey, stabilized, and professionally managed apartment building in one of the Nation's hottest rental markets. Ideally located in West Cleveland, The Bricks Apartments is close to freeways, the international airport, and major job centers, ensuring a reliable pool of prospective tenants. With 100% current occupancy and zero non-paying tenants throughout the Covid pandemic, this is the bread-and-butter income property that investors seeking passive income have been looking for. Existing management is running a well-oiled machine so that the new buyer can sit back and let the money flow. This low maintenance brick building has a pitched roof (better than flat), separate gas/electric meters, individual central forced air furnaces, and off-street parking for each unit. A central lobby style entrance leads to the common hallway/stairwell with access to the eight 1bed/1bath apartments, plus there is onsite laundry with a zero-headach

Location

State OH

County Cuyahoga

Rooms

Basement None

Interior

Heating Forced Air, Gas

Fireplace No

Exterior

Water Access Desc Public

Roof Type Asphalt,Fiberglass,Pitched

Building

Sewer Public Sewer

Water Public

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 020-15-018

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash

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Listed by Joel D Hollo • EXP Realty, LLC.
Bought with Cindy Castelli • EXP Realty, LLC.

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agent

Lindsey Rose

Realtor® | CEO | Team Lead | License ID: 2017001928

+1(330) 591-0823

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