MLS#5258327
STATUSActive
PROPERTY TYPECommercial - Business
SUBDIVISIONSummit Park
SCHOOLCleveland Hts-Univer - 1810
Property Description
Eight 1 bed/1 bath apartments. Electrical in the units was updated within the last 3 years. Lead safe certified with the 20-year option. 2026 city certificate of rental occupancy. Scheduled rent is $5,729/month. Current rents range from $625 to $775, so bringing older leases up to market is a clear value-add. One unit is vacant and ready to lease. Units are separately metered. Owner pays water only. Seller financing available: 60% down, 7% interest, 20-year amortization, 3-year balloon. Buy this building on its own, or as part of a 25-unit, 4-building portfolio with 2565-69 Noble, 2657 Noble and 4016 Silsby.
Property Features
Property Type: Commercial - Business
Cooling: None
Heating: Forced Air, Gas
Lot Size: 0.37 Acres
Roof Type: Composition, Flat, Shingle
Stories: 2.0
Taxes: $15,088 / year
Year Built: 1956
Feature Descriptions
Parcel#: 682-29-017
Sewer: Public Sewer
Units: 8
Water: Public
Local Schools
School District: Cleveland Hts-Univer - 1810
Listed By / Shown By
Listed By
Agency Name: RE/MAX Transitions
Agency Contact: kitsoldit@gmail.com, 330-221-6578
Shown By
Agency Title: M.C. Real Estate
Agency Phone: (330) 723-9911
2762 Noble Road | MLS# 5258327
This commercial property located at 2762 Noble Road, Cleveland Heights, OH 44121 is currently listed for sale with an asking price of $792,000. Noble Road is located within the Cleveland Hts-Univer - 1810 school district. Search Cleveland Heights real estate on www.mcrealestateohio.com today.