14120 Superior Road, Cleveland, OH 44118 - $515,000
- Beds: 0
- Baths:
- Sq. Feet: 0
- Days on Site: 37
Comments for 14120 Superior Road, Cleveland, OH 44118
INCREDIBLE INVESTMENT OPPORTUNITY. According to CMHA 2025 rental rates, this property would bring in 168k a year! In the 44118 Cleveland Heights Zip Code (ask agent for document on updated rental rates) this is the one to snag. Beautiful brick 7 unit building. Six, very large 3 bedroom units projected to bring in up to $12,672 each a month and a large studio in the basement to bring in up to $1,356 a month= up to $14,028 a month/168k a year. Some units occupied, however, with taking advantage of the cmha guaranteed income with the updated rents, would be best to stabilize on own. Talk about profit.. The six 3 bedroom units are all updated and move in ready, newer hot water tanks. Each unit has it's own furnace and H20 tank/separate electric and gas meters. Basement has coin laundry and newer PEX plumbing has been installed. Each unit has separate front/back door and there is a parking lot out back with three spots and parking in front of building. Close to Coventry Village, Severance center, University Circle and just a 10 min drive to Cleveland Clinic Main Campus. Location, location plus immense cash flow. Call your agent today!
$515,000
Estimated Monthly Payment: $2,410.04 (including taxes & insurance estimates)
Edit mortgage details for a more accurate paymentProperty Details
| City: Cleveland | Property Type: Commercial - Business | |
| Subdivision: Coventry Mayfield Land Cos Su | Lot Size: 0.20 Acres | |
| School District: East Cleveland City | Taxes: $13,364 | |
| Status: Active | Year Built: 1922 | |
| MLS#: 5207051 |
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| Property Type: Commercial - Business | Parcel#: 672-27-031 | |
| Basement: Yes | Parking: Paved, Parking Lot | |
| Basement: Apartment, Common Basement, Full, Walk-Out Access | Roof Type: Composition, Flat, Shingle | |
| Cooling: None | Sewer: Public Sewer | |
| Days on Site: 37 | Taxes: $13,364 | |
| Heating: Forced Air, Gas | Water: Public | |
| Laundry: Coin-operated | Year Built: 1922 | |
| Lot Size: 0.20 Acres |
School Information
| School District: East Cleveland City |
Listed By
Agency Name: Keller Williams Greater Metropolitan
Agency Contact: matt@chasegrouprealestate.com, 440-452-2000
Shown By
Agency Title: Cutler Real Estate
Agency Phone: 555-555-5555
Cuyahoga County Demographic Information
| Fips |
| Fips Code39035 |
| Population |
| 2020 to 2025 Changedown 2.5% |
| 2010 Count1,280,122 |
| 2020 Count1,264,817 |
| 2025 Estimate (V2025)1,232,925 |
| 2020 Estimate (V2025)1,264,775 |
| Age Distribution (Years Old) |
| 0 to 45.2% |
| 5 to 1720.1% |
| 18 to 6454.2% |
| 65 and Older20.5% |
| Gender |
| Male48.0% |
| Female52.0% |
| Place of Birth |
| Foreign7.7% |
| US92.3% |
| Education |
| High School Graduate, Age 25+91.5% |
| Bachelor's Degree or Higher, Age 25+36.5% |
| Computer and Internet use |
| Households with a computer94.0% |
| Households with a broadband Internet subscription89.5% |
| Language |
| English is Second Language, Age 5+12.3% |
| English is First Language, Age 5+87.7% |
| Veterans |
| Veterans54,264 |
| Income |
| Per Capita Income$42,747 |
| Median Household Income$64,468 |
| People in Poverty14.9% |
| Commute |
| Average Work Commute Time24 minutes |
| Housing |
| Total Housing Units615,116 |
| Households554,551 |
| Average Household Size2.20 |
| Owner-Occupied59.4% |
| Multi-Family34.9% |
| Owner-Occupied Median Value$195,400 |
| Median selected monthly owner costs -with a mortgage$1,570 |
| Median selected monthly owner costs -without a mortgage$671 |
| Median gross rent$1,060 |
| Building Permits |
| New Private Housing Issued 20241,685 |
| Years at Residence |
| 1 Year or More86.7% |
| Less Than 1 Year13.3% |
| Business and Employment |
| Private non-farm Establishments31,496 |
| Private non-farm Employment681,543 |
| Private non-farm Employment Growthup 0.7% |
| Nonemployer Establishments110,977 |
| Number of Firms23,160 |
| Business Production |
| Value of Shipments$23,225,392,000 |
| Wholesale Trade$24,854,217,000 |
| Retail Trade$16,920,714,000 |
| Retail Sales Per Capita$11,914 |
| Accommodation and Food Services$3,332,698,000 |
| Land |
| Land Area457.19 sq. miles |
| Population Per Square Mile2,800 |