Active

5201-5215 Warrensville Center Road

Maple Heights OH, 44137

$1,975,000


Active

Commercial

Built in 1957

Welcome to this exquisitely renovated ALL BRICK 23-unit complex, perfectly positioned adjacent to
major highways and within close proximity to Amazon a state-of-the-art fulfillment
centers and Jack Casino. Enjoy the convenience of being within walking
distance to major shopping centers.
Each unit boasts expansive open living areas, natural light, features fresh interior paint
and spacious floor plans. Upgrades include modern vinyl plank flooring, tiled showers,
and contemporary kitchens. This complex includes 15 new high-efficiency furnaces, 15 new hot water tanks, and
updated electrical systems in all 23 units. The roofs were replaced and updated in 2022,
ensuring low maintenance. With all units updated within the past year, this turnkey investment is ready to enhance
your portfolio. Tenants cover their own gas and electric, while the owner is responsible
for water, trash, sewer, and common area utilities. Additional in-house laundry facilities
provide an extra revenue stream to maximize your NOI. Don't miss this exceptional opportunity!

5046993

MLS ID

June 19, 2024

Listed

November 22, 2024

Updated

Map

5201-5215 Warrensville Center Road
Maple Heights OH, 44137

Interior Features

Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

0.24 Acres


Sewer

Public Sewer

School Information

School District

Maple Heights CSD - 1818

Other Property Details

Taxes

$20,254


Tax Frequency

Annually


Days on Market

115


Garage

No


Parking

Covered, On Site, Outside, Paved


View

No


County

Cuyahoga


Municipality

Maple Heights


Water Source

Public


Pool

No

Listing History

Date

Event

Price

10/3/2024

Price change

$1,975,000

-16%

8/10/2024

Price change

$2,350,000

-6%

 

Courtesy of EXP Realty, LLC.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Nicol Ousley shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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