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$1,595,000
29 Days Online

4296 Warner Road
Cleveland, OH 44105

For Sale|Commercial Sale|Active
0
Beds
0
Full Baths
0
Partial Baths

SqFt

/SqFt
1910
Built
Subdivision:
Slavic Village
County:
Cuyahoga
Call Now: 440-617-2500
Is this the home for you? We can help make it yours.
440-617-2500
4296 Warner Road4296 Warner Road4296 Warner Road4296 Warner Road
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Massive value-add opportunity for an investor to create significant equity and instant scale! This mixed portfolio including single family and multifamily presents the perfect opportunity to create equity through significant rental premiums available. All tenants in the portfolio are month to month allowing a buyer to immediately implement a value add business plan and take this portfolio to the next level. Currently grossing $16,360 per month, with bringing rents to market and taking advantage of section 8 premiums, an investor should easily gross over $24,000 per month! The portfolio is made up on (6) single family homes (3-4 bedrooms), (1) duplex, and (2) apartment buildings (8 and 9 unit buildings). Owner pays water/sewer for all properties currently (opportunity to pass this to tenants) and common electric and gas for the apartments.

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Listing Snapshot
Price 
$1,595,000
Days Online 
29 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.221 Acres
Year Built 
1910
MLS® Number 
5054572
Status 
Active
Property Tax 
$11,650
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 weeks agoListing first seen online
3 months agoListing updated with changes from the MLS®
General Features
Acres 
1.221
Additional Property Use 
Residential
Sewer 
Public Sewer
Special Circumstances 
Standard
Water Source 
Public
Interior Features
Heating 
Forced Air
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Community Features
Financing Terms Available 
CashConventional
School District 
Cleveland Municipal - 1809
Township 
Cleveland
Schools
School District
Cleveland Municipal - 1809
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Tal Tamir of Russell Real Estate Services



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 are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged. Information Deemed Reliable But Not Guaranteed. Copyright 2024 - Multiple Listing Service, Inc. – All Rights Reserved.

Neighborhood & Commute
Source: Walkscore
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