Commercial Real Estate for Sale at 4560 E 104th Street in Garfield Heights, OH for $669,900

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4560 E 104th Street | Garfield Heights

$669,900 | 0.0 Sq. Ft.

Introducing 4560 E 104th to the market, an all brick 11 suite apartment building in Garfield Heights. Currently 90% occupied, with one renovated unit left vacant. 11 identical sized 1 bedroom 1 bath units. 5 renovated units in the last 5 months, pictured in the listing photos. Renovated units consist of new paint, LVP flooring, updated kitchens and baths. With cosmetic updates to the remaining 6 units and rent increases, you could significantly boost the already strong returns. Each unit is separately sub metered gas and electric. Ages of furnaces vary. Coin operated laundry and storage facilities in the basement common area. Tenants pay their own electric and gas, water/sewer currently covered by the owner. Self managed. 10 covered garage spaces with additional off street parking. Property with transfer POS compliant. Value-add play for investors-while cash flowing today with potential upside with future rental increases and upgrades. MLSNow 5128420

Directions to property: West off Broadway, S of metro parks

MLS Listing ID: 
MLSNow 5128420
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Status (Local): 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$669,900
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Property Sub Type: 
Apartment
Primary Market Area: 
Garfield Heights
Address: 
4560 E 104th Street, Garfield Heights, OH 44125
County: 
Cuyahoga
Latitude: 
41.4355610
Longitude: 
-81.6120270
Directions: 
West off Broadway, S of metro parks
Public Remarks: 
Introducing 4560 E 104th to the market, an all brick 11 suite apartment building in Garfield Heights. Currently 90% occupied, with one renovated unit left vacant. 11 identical sized 1 bedroom 1 bath units. 5 renovated units in the last 5 months, pictured in the listing photos. Renovated units consist of new paint, LVP flooring, updated kitchens and baths. With cosmetic updates to the remaining 6 units and rent increases, you could significantly boost the already strong returns. Each unit is separately sub metered gas and electric. Ages of furnaces vary. Coin operated laundry and storage facilities in the basement common area. Tenants pay their own electric and gas, water/sewer currently covered by the owner. Self managed. 10 covered garage spaces with additional off street parking. Property with transfer POS compliant. Value-add play for investors-while cash flowing today with potential upside with future rental increases and upgrades.
Community Information
School District: 
Garfield Heights CSD - 1815
Subdivision: 
Garfield Heights
Building Details
Details about the building on a property.
Stories: 
2
Year Built: 
1961
Living Area: 
0.0
Basement: 
Full
Construction
Roof: 
Flat,Rubber
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Forced Air
Cooling System: 
Wall/Window Unit(s)
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.43
Lot Size (Area): 
0.43
Lot Features
Parking Type: 
Garage,Off Street,Paved,Parking Lot
Total Parking Spaces: 
14
Public Record
Parcel Number: 
544-02-026
Annual Tax: 
$14,594.00
Contract Details
Details about the listing contract.
Possession: 
Other
Disclosures: 
Principal is Real Estate Licensed
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
Michael L Anter
Listing Office Name: 
JAMM Real Estate Co.

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