Back to Listings
For Sale Apartment

14120 Superior Road, Cleveland, OH

14120 Superior Road, Cleveland, OH, 44118
$589,000

Property Details

Apartment

Description

INCREDIBLE INVESTMENT OPPORTUNITY. According to CMHA 2025 rental rates, this property would bring in 155k a year! In the 44118 Cleveland Heights Zip Code (ask agent for document on updated rental rates) this is the one to snag. Beautiful brick 7 unit building. Four, very large 3 bedroom units projected to bring in up to $8,488 each a month, two very large two bedroom units to bring in $3,288 a month and a large studio in the basement to bring in $1,200 a month= up to $12,976 a month/155k a year. Some units occupied, however, with taking advantage of the cmha guaranteed income with the updated rents, would be best to stabilize on own. Talk about profit.. Updated most units, newer hot water tanks. Each unit has it's own furnace and H20 tank/separate electric and gas meters. Basement has coin laundry and newer PEX plumbing has been installed. Each unit has separate front/back door and there is a parking lot out back with three spots and parking in front of building. Close to Coventry Village, Severance center, University Circle and just a 10 min drive to Cleveland Clinic Main Campus. Location, location plus immense cash flow. Call your agent today!

Property Information

Address 14120 Superior Road
City Cleveland
State OH
Zip Code 44118
Price $589,000
Property Type Commercial Sale
Listing Type Apartment

Location

Quick Inquiry

Fill out the form below and we'll get back to you shortly.

Property Contact

I agree to be contacted by Smartland Realty via call, email, and text for real estate services.

To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Not sure what you're looking for?

Explore other listings in Cleveland or let our agents find the perfect match for you.

Browse All Listings Contact Us