2617 Euclid Heights BLVD new

Cleveland Heights,OH 44106

$ 899000

- Bed

0 Bath

0 SqFt


Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision Euclid Heights

MLS Listing ID 5095915

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1917

Annual Tax Amount $25,295

Tax Year 2024

Lot Size 6,625 Sqft

Acres 0.1521

Property Description

Charming Multi-Unit Investment Opportunity–Turtle Park Apartments. Affectionately named after the park adjacent to the building. Charm and character abound in this exceptional income-generating opportunity in the heart of Cleveland Heights! Turtle Park Apartments features 8 spacious suites—(6) 3BR/1BA and (2) 2BR/1BA units. As tenants have moved out, half of the units have been thoughtfully updated with new kitchens, baths, fresh paint, modern fixtures, appliances, and windows. With a proforma rental income of $10,250 per month, this property is primed for strong returns. Key updates include plumbing and electrical improvements, as well as a repaired and updated main sewage line. The roof and boiler are in excellent condition and are regularly serviced. Additional features include: 6 parking spaces (3 covered, 3 uncovered), motion-activated common area lighting for efficiency and safety, on-site coin laundry for additional income. Two vacant units available for viewing; all updated units are currently rented. Photos showcase one updated unit and two non-updated units—all updated units reflect the updated unit photos. Ideally located near downtown, major hospitals, universities, and all that Coventry has to offer, this is a prime opportunity for investors looking for a well-maintained, income-producing asset. Don't miss out!

Location

State OH

County Cuyahoga

Interior

Heating Hot Water,Radiator(s),Steam,Zoned

Cooling Ceiling Fan(s)

Fireplace No

Laundry Coin-operated

Exterior

Parking Features Driveway,Detached,Garage,On Street

Water Access Desc Public

Roof Type Flat

Present Use Residential

Building

Foundation Slab

Sewer Public Sewer

Water Public

Construction Status Updated/Remodeled

Schools

School District Cleveland Hts-Univer - 1810

Others

Tax ID 685-09-073

Security Features Fire Escape

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