969 Nathaniel Rd

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Address: 969 Nathaniel Rd, Cleveland, OH 44110, USA

Chicago & Midwest + Apartment Buildings

Created date: November 8, 2024

Date last updated: November 8, 2024

Property Description

ONLINE ONLY REAL ESTATE AUCTION Minimum Bid $320,000 or Buy it Now for $359,000 (plus BP) AUCTION DATE : Wednesday December 4th @ NOON PROPERTY ADDRESS: 969 Nathaniel Rd Cleveland OH 44110 Cuyahoga County Parcel ID: 115-30-075 Description A well maintained 5 unit apartment building with 4 - 3BR/1BA and 1 - 3BR/1BA units. All the units were completely renovated recently and occupied. Individual gas furnaces and tenants pay their own gas and electric. Landlord is responsible only for water, sewer and trash. All the units have hardwood floors. Ample parking space available with recently resurfaced lot. Has Security measures actively in place including cameras. Close to I-90 and Collinwood High school is few steps away. Solid brick building. There is a sixth unit which is currently used as storage. If renovated, this unit can be another 3BR unit. Lead certified by city of Cleveland. Cap Rate 9-12% depending on final contract price Net operating income is currently $37,173. Lot Size: 0.18 Acres Annual Taxes: $ 3,000 (approx)