17703 Libby Road - Availability Details

For Sale$980,000/Sqft

17703 Libby Road, Maple Heights, OH 44137

  • Multi-Family

Details

  • Sale Price $980,000/Sqft
  • City Maple Heights
  • Neighborhood Maple Heights
  • Zip Code 44137
  • Market Cleveland Akron
  • Property Type Multi-Family
  • Property Size 9,192 Sqft
  • Lot Size 0.26 Acre
  • Parking Spaces Avail. 12
  • Parking Ratio 1.31/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1958
  • Year Renovated 2019
  • Date Updated 28 Mar, 2020
  • Construction Type Brick
  • Website www.facebook.com

Description

12 Suite All Brick Exterior Suburban Apartment Building with Attached Parking Garage. 9 Apartments have been Freshly Remodeled. All Apartments have Separate Gas and Electric Meters, Separate Furnaces and 11 through the wall Air Conditioners,  5 Year New Hip Roof with Dimensional Shingles, There are 3 Levels with 4 Apartment Units per Floor. Equipped with Coin Operated Clothes Washer and Dryer. Each Unit has it's Own Keyed Mail Box.

Bus Stop at next corner at Cato Street,  Fire Escape at Rear of Building. Inside and Outside Parking Available.

Additional Income Potential ( 8 Garage Space Rentals, 4 now rented at $50 per month ) ( If you are proactive and perform your own Maintenance and Management you'll save $1600. per month ) ( Increase Legacy Rentals, 1 Brm to $700/month and 2 Brm to $800/month )

 

Apartment #3 is traded for Maintenance,

Additional Income Potential:

( 4 Garage Spaces Rented at $50 per space per month. ) 4 more Garage Spaces Available.

( If New Owner can handle doing your own Maintenance $800.and Management $800. you will gain $1600. per month  ) 

( Rents can be increase on Legacy to $700/month for 1 Bedroom Units and $800/month for 2 Bedroom Units )

( Coin Operated Washer and Dryer adds approx. $50.00 per month income )

( 2 Vending Machines have been added ) projecting $50 to $75 per month

Commercial Broker

broker

Bill Balcer

SOLID GOLD PROPERTIES REAL ESTATE SALES & SERVICES

(440) 439-5220

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