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USAOHCleveland HeightsNoble Park Allotment2443 Noble Rd
View of front facade featuring brick siding and a front lawn | Image 1
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$450,000

2443 Noble Rd, Cleveland Heights, OH

Condo

For Sale

$--,---,---
000
  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Commercial Sale
Size  sqft
Garage Yes
Maintenance Fees 
Taxes $9,411
Days Active 2
Approx. Age 1951
MLS® Number 5135533

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

This solid brick-built 5-unit apartment building is the perfect blend of value and upside potential! Freshly upgraded with a brand-new tear-off roof and gutters (Oct 2024), this low-maintenance gem is 100% occupied and delivering consistent income from day one. The property features four 2-bed/1-bath units and one spacious 3-bed/1-bath unit, all with individual furnaces and private utility closets. Four of the five units have been stylishly updated with modern finishes, including granite countertops, stainless steel appliances, new windows, fresh paint, luxury vinyl plank flooring, modern lighting, and tiled showers. Tenants enjoy the convenience of a coin-operated washer/dryer and ample storage space in the basement. The property also boasts six garage spaces plus surface parking, providing plenty of room for tenant vehicles. Current rents offer a solid return, with room to grow—some rents are below market value, leaving opportunity for increased cash flow at renewal. Plus, the building is lead-certified through 2027 for added peace of mind. Monthly Gross Rent: $5, 725 - Unit 1 (2 Bed / 1 Bath): $1, 100, Unit 2 (3 Bed / 1 Bath): $1, 500, Unit 3 (2 Bed / 1 Bath): $825, Unit 4 (2 Bed / 1 Bath): $1, 200, Unit 5 (2 Bed / 1 Bath): $1, 100 Whether you're expanding your portfolio or making your first multifamily move, this fully stabilized, high-potential property is a smart pick in any market. No showings without accepted offer!Show Description
MLS® Number5135533
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelCoin Operated
Exposure
Exterior
GarageYes
Approx. Age1951
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatForced Air
A/CCeiling Fans, Window Units
Heating Fuel

Extras

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