Property photo 1
8 photos
ActiveMLS# 52464538 days on market

$649,000

2502 Noble Road

Cleveland Heights, OH 44121

0 BD|0 BA|0 SQFT

About This Property

Don’t miss this opportunity to add a beautifully updated and well maintained 8-unit apartment building to your portfolio. Property Management in place this turnkey hands off property. 2502 Noble Rd includes six 2 bedroom, 1 bath units and two 1 bedroom, 1 bath units with an additional half bath in the basement. Perfectly situated in Cleveland Heights, this property offers convenient access to downtown Cleveland, world-renowned hospitals, shops, restaurants, parks, and more—an ideal location for tenants and a smart move for investors. This fully occupied building is loaded with updates, ensuring low maintenance for years to come. Each unit boasts modern upgrades, including new flooring, updated kitchens with sleek appliances, plumbing upgrades, electrical upgrades and fresh carpeting throughout. Additionally, significant building improvements such as a new roof, windows, furnaces, and more enhance the property’s value and appeal. The property also includes 8 covered garage parking spots with additional parking in the rear. With a stable rent roll and detailed property updates, this turn-key investment is ready for a new owner to step in and reap the rewards. Schedule your showing today and secure this excellent opportunity to grow your portfolio! Recently upgraded all main electrical panels. Point of sale ordered and scheduled next week.

Property Details

Property TypeCommercial
Year Built1957
Lot Size13,591 sqft
Days on Market8
MLS Number5246453

Noreen Kaseda

Sales Associate

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Est. Monthly Payment

$3,904

P&I: $3,282 | Tax: $460 | Insurance: $162

$649,000
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Loan Amount$519,200
Down Payment$129,800

Estimates are for informational purposes only. Tax and insurance amounts are approximations. Contact a mortgage lender for accurate quotes.

Location

2502 Noble Road, Cleveland Heights, OH 44121

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