16014 Saranac Rd, Cleveland, OH 44110, USA
Listing was updated at: 06/04/2019
Property Overview
Price/Rent PSF $ 160,000.00
Asset Type Multifamily
Trade Type Sale
SQ. FT. Available 5,786
Date Available 05/22/2019
Additional URL Link
Additional parameters Show
Search Demographic Data Explore financing options



Property is located off Saranac Road and E. 160th Street in Collinwood, Ohio. From SR 2, head south on 152nd Street approximately 0.5 miles and turn east (left) on Saranac Road. Said property is approximately 0.5 miles east of 152nd Street.

Income producing multi-family property available. This multi-family property consist of two brick and wood buildings that house 6 residential units. Current owner has managed and owned the property since 1996 and has made significant upgrades. All units have separate gas and electric meters. Electrical panels were upgraded in the mid 1990's. Recent upgrades include new roofing on partial of the main building, new hot water tanks, new wood flooring, 19 new windows, and new furnaces. Landlord currently has two units leased and deliberately held off on renting other units for this sale. Landlord has been charging $550 for the three bedroom units and $500 for the 2 bedroom units with security deposits of the same. No appliances are present in any units unless previous Tenant left behind and is in good working order. Property is just west of the Ginn Academy in Collinwood.