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3507 Bosworth Road

Cleveland, OH 44111
  • $1,495,000
  • STATUS: Active
  • ON SITE: 109 Days
  • MLS #: 4322002
UPDATED: 39 min ago
$1,495,000
  • 0
    BEDS
  • 0.31
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 20,460
    SQFT
  • $73
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1920
County:

School Ratings & Info

Listing courtesy of Keller Williams Citywide.
Listing information © 2022 YES-MLS.

Description

26 Unit ALL BRICK Exterior w-Private Parking PLUS 2 Additional Parcels!This turn-key property ready for the 1st time investor or simply adding a solid asset to your portfolio. This well-maintained 26-unit brick multi-family development sits on TWO parcels and Offer Private Secure Parking lot at rear. Sitting just South of Cleveland's highly desired City of Lakewood Community and only minutes to Clevelands Downtown Theater & Business District. Thi sdevelopment is a book end to Cleveland's Two Major Opportunity Zone Corridors that have attracted national investment and attention (Detroit Shoreway and Ohio City). Tenant retention is higher due to proximatey to downt town and pedestrian access to Bus/Metro and Highway for a quick bus or drive to downtown area. Additionally, the property sits in a quiet neighborhood close to 3 Public Schools, 2 public parks which provide constant police monitoring for the community and neighborhood safety. UPDATES: New Roof in 2021, Parking Lot and Storm Drain 2020, ALL Mechanicals Systems upgraded/serviced, 2013 Boiler Weil McLean & Tekmar w/multi-sensor streamlined for water and energy efficiency, 24 of 26 units updated/renovated (Kitchens, Baths, flooring, paint, and lighting), New 16 Camera HD+ CCT and NVR 24/7, Ext/Int Security/Safety Lighting installed, AND 3,000+ Sq ft. of Dry Storage and Shop on premise in basenment to run operations.

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Listing information © 2022 YES-MLS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than RE/MAX Edge Realty are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2022-01-19T12:08:12.733.
www.akroncantonhomesonline.com/homes/122022036
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3507 Bosworth Road Cleveland, OH 44111

  • Price: $1,495,000
  • Status: Active
  • On Site: 109 Days
  • Updated: 39 min ago
  • MLS #: 4322002
0
Beds
0
Baths
0
½ Baths
0.31
Acres
20,460
SQFT
$73
$/SQFT
1920
Built
Neighborhood:
Lorain Hlnds Resub
County:
Cuyahoga
Area:
Cle Between West Blvd & W 140th
Property Description
26 Unit ALL BRICK Exterior w-Private Parking PLUS 2 Additional Parcels!This turn-key property ready for the 1st time investor or simply adding a solid asset to your portfolio. This well-maintained 26-unit brick multi-family development sits on TWO parcels and Offer Private Secure Parking lot at rear. Sitting just South of Cleveland's highly desired City of Lakewood Community and only minutes to Clevelands Downtown Theater & Business District. Thi sdevelopment is a book end to Cleveland's Two Major Opportunity Zone Corridors that have attracted national investment and attention (Detroit Shoreway and Ohio City). Tenant retention is higher due to proximatey to downt town and pedestrian access to Bus/Metro and Highway for a quick bus or drive to downtown area. Additionally, the property sits in a quiet neighborhood close to 3 Public Schools, 2 public parks which provide constant police monitoring for the community and neighborhood safety. UPDATES: New Roof in 2021, Parking Lot and Storm Drain 2020, ALL Mechanicals Systems upgraded/serviced, 2013 Boiler Weil McLean & Tekmar w/multi-sensor streamlined for water and energy efficiency, 24 of 26 units updated/renovated (Kitchens, Baths, flooring, paint, and lighting), New 16 Camera HD+ CCT and NVR 24/7, Ext/Int Security/Safety Lighting installed, AND 3,000+ Sq ft. of Dry Storage and Shop on premise in basenment to run operations.
Exterior Features

Fencing Chain LinkFullWood Levels Three Or More Parking Features On SitePrivate Parking Total 24 Roof AsphaltFiberglassFlat

Interior Features

Basement Full Basement YN Yes Building Area Total 20460 Cooling NoneWindow Unit(S) Cooling YN No Heating GasHot WaterRadiator(S)RadiantSteam Heating YN Yes

Property Features

Above Grade Finished Area 20460 Insurance Expense 525 Lease Considered YN No Listing Terms CashConventional Lot Size Dimensions 124X160 Owner Pays HeatSewerTrash CollectionWater Ownership Agent Property Sub Type Apartment Sewer Public Sewer Tax Annual Amount 20725 Tenant Pays Cable TvElectricity Township Cleveland-W/R Trash Expense 110 Water Sewer Expense 740 Water Source Public Year Built Details Actual Ybt

Listing information © 2022 YES-MLS.
Listing provided courtesy of Keller Williams Citywide.
Listing information © 2022 YES-MLS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than RE/MAX Edge Realty are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2022-01-19T12:08:12.733.
 
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RE/MAX Edge Realty
Serving Your Real Estate Needs In
Akron / Canton OH,
Listing courtesy of Keller Williams Citywide.
Listing information © 2022 YES-MLS.