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3214 Berkshire Road

Cleveland Heights, OH 44118
  • $1,670,000
  • STATUS: Contingent
  • ON SITE: 23 Days
  • MLS #: 5095310
Under Contract
UPDATED: 57 min ago
$1,670,000
  • 0
    BEDS
  • 0.38
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1930
County:

School Ratings & Info

School District:
Listing courtesy of Home Equity Realty Group.
Listing information © 2025 YES-MLS.

Description

This 19-unit brick building in Cleveland Heights offers an excellent investment opportunity, featuring 16 one-bedroom units and 3 two-bedroom units in a fully secured building. Recent upgrades make this property turn-key and ready for new ownership. The building boasts a brand new boiler with a 10-year warranty, secondary heat sources installed in each unit, updated main and unit electrical panels. Additional revenue comes from a secure detached parking garage and a coin-operated laundry facility, adding to its appeal. A new intercom system enhances tenant safety, and the property is point of sale compliant, requiring no further work before transfer. With many units updated and significant capital improvements already completed, this building provides a low-maintenance, high-potential investment in a desirable Cleveland Heights location. Ideal for investors looking to expand their portfolio and add value with increasing rents up to market. This property is positioned for strong returns and consistent cash flow. Don't miss this opportunity!

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Listing information © 2025 YES-MLS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than The Pinnacle Post Team | RE/MAX Crossroads Properties are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2025-02-12T21:07:59.593.
www.thepinnaclepostteam.com/homes/159573778
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3214 Berkshire Road Cleveland Heights, OH 44118

  • Price: $1,670,000
  • Status: Contingent
  • On Site: 23 Days
  • Updated: 57 min ago
  • MLS #: 5095310
0
Beds
0
Baths
0
½ Baths
0.38
Acres
1930
Built
County:
Cuyahoga
Area:
Cleveland Heights
School District:
Cleveland Hts-Univer
Property Description
This 19-unit brick building in Cleveland Heights offers an excellent investment opportunity, featuring 16 one-bedroom units and 3 two-bedroom units in a fully secured building. Recent upgrades make this property turn-key and ready for new ownership. The building boasts a brand new boiler with a 10-year warranty, secondary heat sources installed in each unit, updated main and unit electrical panels. Additional revenue comes from a secure detached parking garage and a coin-operated laundry facility, adding to its appeal. A new intercom system enhances tenant safety, and the property is point of sale compliant, requiring no further work before transfer. With many units updated and significant capital improvements already completed, this building provides a low-maintenance, high-potential investment in a desirable Cleveland Heights location. Ideal for investors looking to expand their portfolio and add value with increasing rents up to market. This property is positioned for strong returns and consistent cash flow. Don't miss this opportunity!
Exterior Features

Attached Garage YN No Garage YN Yes Levels Three Or More Parking Features Assigned Garage On Street Parking Total 15

Interior Features

Basement YN Yes Building Area Total 23400 Cooling None Cooling YN No Heating Dual System Electric Radiator(s) Heating YN Yes Main Level Bathrooms 0

Property Features

Elementary School District Cleveland Hts- Univer - 1810 Middle Or Junior School District Cleveland Hts- Univer - 1810 Property Sub Type Apartment Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 40591 Township Cleveland Heights Water Source Public

Listing information © 2025 YES-MLS.
Listing provided courtesy of Home Equity Realty Group: 330-952-2244.
Listing information © 2025 YES-MLS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than The Pinnacle Post Team | RE/MAX Crossroads Properties are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2025-02-12T21:07:59.593.
 
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The Pinnacle Post Team | RE/MAX Crossroads Properties
1813 Nagel Rd Suite 900
Avon OH, 44011
Listing courtesy of Home Equity Realty Group.
Listing information © 2025 YES-MLS.