4400 Rocky River Drive, Cleveland, OH 44135

Property Description

Fully occupied, 27 unit apartment building around the corner from the VERY hot Kamm's Corner neighborhood! Ideally located next to all public transportation and infinite job opportunities, 7 min from the airport and near both major westside highways. Over 25 units have been renovated to include new lvp floors, paint, and more. Market rent is $875/ mo. and many units are getting that already. The owners have also started implementing a utility charge to new leases. At this time, 10 of the units pay an average of $90/mo towards utilities. At that rate, you could reduce your expenses by nearly $2500/ mo or $30,000/ year once all units have it written into the lease. GREAT location and truly passive investment on Cleveland's westside. Owner will look at all offers. Sellers are offering additional commission- contact agent for more details.