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17506 Nottingham Road
Cleveland OH 44119 US

$649,000

Active Listing ID 11368191
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Lot: 0.45 Acres
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Other

$649,000

Active Listing ID 11368191
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17506 Nottingham Road Located on a charming residential brick road, Nottingham Place has undergone several meaningful enhancements and is ideal for investors looking for a cash-flowing asset with still room to grow. Conveniently located near the Waterloo Arts and Entertainment District, walking-distance from Euclid Beach Park this property is just as much appealing to your tenants. Notably, it offers both off-street surface parking for residents and guests, as well as a private covered garage for all residents. It comprises of 10 units total - 1 studio apartment, 3 1-bedroom apartments and 6 2-bedroom units. 100% occupancy historically. Basement has utilities and rough-ins available for creating one additional 2-bedroom unit adding to the potential of this property. Start earning cash flow from day 1. Half of the units are at market rent leaving substantial growth potential for the new owners as leases mature. Owners have made significant investment in the upkeep of the property by making some meaningful improvements since taking possession: Installed new coin-operated washer/dryer for additional income New refrigerators in units 2, 3, 4, 6, 8, 9 New electric range in units 2, 3, 4, 5, 6, 7, 8, 10 Replace all unit fuse boxes with breaker panels New window AC for all units New vinyl flooring in all units Removed shrubs and bushes and general cleanup Cleaned all gutters (jetted) and installed new gutter guards Jetted all drain lines Removed unused satellite dishes on roof and patch as required

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Property Features

  • Facts
  • Lot Size: 0.45 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Roof Type: Asphalt

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 649000
  • unparsedaddress: 17506 Nottingham Road
  • postalcity: Cleveland
  • stateorprovince: OH
  • country: US
  • postalcode: 44119
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.45
  • lotsizeunits: Acres
  • lotsizearea: 0.45
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 41.580055
  • longitude: -81.558371
  • listagentfullname: Chintan Shah
  • listagentemail: chintanshahrealty@gmail.com
  • listagentkey: 3yd-NYSMLS-210338
  • listagentmlsid: 210338
  • listagentpreferredphone: 2168006264
  • listagentofficephone: 4407930100
  • listofficekey: 3yd-NYSMLS-24363
  • listofficemlsid: 24363
  • disclaimer: Copyright © 2024 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: NYSMLS
  • yearbuilt: 1962
  • yearbuilteffective: 1962
  • listingcontractdate: 2024-06-12
  • parcelnumber: 113-25-004
  • elementaryschooldistrict: 000000
  • middleorjuniorschooldistrict: 000000
  • highschooldistrict: 000000
  • numberofunitstotal: 0
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Garage, Garage - Detached
  • roof: Asphalt
  • waterfrontyn: False
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -81.55837, 41.580055
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Howard Hanna", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"chintanshahrealty@gmail.com", "ListBrokerageCity":"Westlake", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"Howard Hanna", "ListBrokeragePhone":"440-793-0100", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"OH", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"2055 Crocker Road, Suite 101", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"2055 Crocker Road, Suite 101", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Westlake", "ListOfficeCountry":"US", "ListOfficeEmail":null, "ListOfficePostalCode":"44145", "ListOfficeStateOrProvince":"OH", "ListPriceCurrencyType":"USD", "ListingTitle":"Commercial - Cleveland, OH", "ListingURL":"https://listings.listhub.net/pages/NYSMLS/11368191/?channel=rexren", "MLSModificationTimestamp":"2024-11-25T14:04:38Z", "Neighborhoods":[], "PostalCode":null, "RoomCount":0, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":8914, "TaxDescription":null, "TaxYear":"2023"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 11/25/2024 5:11:21 PM GMT
Source Updated Date: 12/12/2024 6:44:23 AM GMT

Courtesy of: Chintan Shah, Howard Hanna, chintanshahrealty@gmail.com

Copyright © 2024 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.