$363,110
$200,000
81.6%For more information regarding the value of a property, please contact us for a free consultation.
12,012 SqFt
SOLD DATE : 03/13/2023
Key Details
Sold Price $363,110
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 12,012 sqft
Price per Sqft $30
Subdivision Crow Point
MLS Listing ID 4422684
Sold Date 03/13/23
HOA Y/N No
Abv Grd Liv Area 12,012
Total Fin. Sqft 12012
Year Built 1955
Annual Tax Amount $19,649
Lot Size 0.538 Acres
Acres 0.5377
Property Description
Court Appointed Receiver, Prodigy Properties, is pleased to present the opportunity to acquire 2521 Noble Road, an occupied 12-unit multifamily asset located in Cleveland Heights, a submarket of Cleveland, Ohio. According to public record, the property was originally built in 1955 and features a 12,012 SF apartment building. The apartment complex is separated into three attached buildings (2521 Noble, 2525 Noble, and 989 Oxford). The combined unit mix consists of eight (8), 2-bedroom apartments that are approximately 880 SF and four (4), 1-bedroom units that are approximately 750 SF. The property is currently 42% occupied. Situated on over half an acre lot, the property has surface and a 12-car garage/covered off-street parking. In addition, the asset is only 7 miles east of downtown Cleveland and nearby hospitals, shopping, dining options, parks, Notre Dame College, and multiple golf courses. This is a great value-add opportunity for investors.
Location
State OH
County Cuyahoga
Interior
Fireplace No
Schools
School District Cleveland Hts-Univer - 1810
Others
Tax ID 682-13-046
Financing Cash
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