OH > Garfield Heights > Birchdale Ave Ne
Garfield Heights, OH 44105,12711 N Parkway DR
Garfield Heights, OH 44105,12711 N Parkway DR
Garfield Heights, OH 44105,12711 N Parkway DR
Garfield Heights, OH 44105,12711 N Parkway DR
Garfield Heights, OH 44105,12711 N Parkway DR
Garfield Heights, OH 44105,12711 N Parkway DR
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Nicole Ward

Nicole Ward

+1(330) 807-1303
$ 949,000
Est. payment | /mo

1.16 Acres Lot

Save
$ 949,000
Est. payment | /mo
Save

1.16 Acres Lot

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Subdivision Birchdale Ave Ne

MLS Listing ID 5084899

HOA Y/N No

Year Built 1926

Annual Tax Amount $8,822

Tax Year 2023

Lot Size 1.164 Acres

Acres 1.164

Property Description

Investor's Dream in Cleveland, OH! This turnkey, cash-flowing portfolio includes nine properties spanning 12 units—three duplexes and six single-family homes—with a double-digit cap rate and nearly 20% cash-on-cash return. All tenant-occupied, these properties generate strong, stable cash flow, with most tenants holding Section 8 vouchers at excellent rent rates. Some units are still under market rent, offering value-add potential by re-leasing at market rate or to voucher tenants. Many of the properties have received updates, including four or five with full interior renovations. Don’t miss this rare opportunity for a hassle-free, high-return investment!

Location

State OH

County Cuyahoga

Interior

Heating Forced Air

Fireplace No

Exterior

Waterfront No

Water Access Desc Public

Present Use Multi-Family,Residential

Building

Sewer Public Sewer

Water Public

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 546-31-003

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Standard

Listed by Tal Tamir • Russell Real Estate Services • tal@premierclevelandinvesting.com 216-870-8687
agent-avatar

"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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12711 N Parkway DR