OH > Cleveland > 15 Mosesal&M 0382 All
Cleveland, OH 44119,17506 Nottingham RD
Cleveland, OH 44119,17506 Nottingham RD
Cleveland, OH 44119,17506 Nottingham RD
Cleveland, OH 44119,17506 Nottingham RD
Cleveland, OH 44119,17506 Nottingham RD
Cleveland, OH 44119,17506 Nottingham RD
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Nicole Ward

Nicole Ward

+1(330) 807-1303
$ 649,000
Est. payment | /mo

0.45 Acres Lot

Save
$ 649,000
Est. payment | /mo
Save

0.45 Acres Lot

Key Details

Property Type Commercial

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision 15 Mosesal&M 0382 All

MLS Listing ID 5046427

HOA Y/N No

Year Built 1962

Annual Tax Amount $8,914

Tax Year 2023

Lot Size 0.448 Acres

Acres 0.448

Property Description

Located on a charming residential brick road, Nottingham Place has undergone several meaningful enhancements and is ideal for investors looking for a cash-flowing asset with still room to grow. Conveniently located near the Waterloo Arts and Entertainment District, walking-distance from Euclid Beach Park this property is just as much appealing to your tenants. Notably, it offers both off-street surface parking for residents and guests, as well as a private covered garage for all residents. It comprises of 10 units total – 1 studio apartment, 3 1-bedroom apartments and 6 2-bedroom units. 100% occupancy historically. Basement has utilities and rough-ins available for creating one additional 2-bedroom unit adding to the potential of this property. Start earning cash flow from day 1. Half of the units are at market rent leaving substantial growth potential for the new owners as leases mature.

Owners have made significant investment in the upkeep of the property by making some meaningful improvements since taking possession:
Installed new coin-operated washer/dryer for additional income
New refrigerators in units 2, 3, 4, 6, 8, 9
New electric range in units 2, 3, 4, 5, 6, 7, 8, 10
Replace all unit fuse boxes with breaker panels
New window AC for all units
New vinyl flooring in all units
Removed shrubs and bushes and general cleanup
Cleaned all gutters (jetted) and installed new gutter guards
Jetted all drain lines
Removed unused satellite dishes on roof and patch as required

Location

State OH

County Cuyahoga

Rooms

Basement Common Basement, Partially Finished

Interior

Heating Gas

Cooling Window Unit(s)

Fireplace No

Laundry Coin-operated

Exterior

Garage Detached, Garage

Water Access Desc Public

Roof Type Asphalt

Garage true

Building

Sewer Public Sewer

Water Public

Schools

School District East Cleveland Csd - 1812

Others

Tax ID 113-25-004

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Listed by Chintan Shah • Howard Hanna • chintanshahrealty@gmail.com 216-800-6264
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(330) 807-1303

nicole@thekeygroupohio.com

8750 Cleveland Ave NW, North Canton, Ohio, 44720-8207, USA

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17506 Nottingham RD