Address
8505 Garfield Boulevard, Garfield Heights, OH
Price
$ 1,500,000
Property Attributes
  • ID#5025728
  • TypeMulti-Family
  • CountyCUYAHOGA
  • CityGarfield Heights
  • NeighborhoodWalton Realty Co S Garfie
  • Zip44125
  • Style
  • Year Built1922
  • Taxes$ 35208
  • Price$ 1,500,000
  • Bedrooms38
  • Full Bathrooms15
  • Half Bathrooms3
  • Lot Size6,098 SqFt
Data Source:
MLSNow
Property Description

Investors, allow us to introduce you to the Maple Multi-Unit Portfolio. This package consists of 15 rental / living units across twelve different properties in the highly-coveted areas Garfield, Maple, and Bedford. The demand for consistent, cash-flowing rental units in this famous corridor of Cleveland's East Side continues to grow, and, as such, this portfolio offers buyers an incredible opportunity to purchase a FULLY OCCUPIED set of 10 single-family homes, one duplex, and one triplex in one of Cleveland's hottest areas. Please reach out (or see the offering memorandum, financial info, and supplements) for more details!

Price History
3/22/2024 Listed $1,500,000

General Features

Sewer PublicSewer
Heating ForcedAir
Cooling None,VariesbyUnit,WallWindowUnits
Possession DeliveryOfDeed
Roof Asphalt,Fiberglass
Garage Spaces 12.0
Construction Materials AluminumSiding,Brick,VinylSiding,WoodSiding
Year Built 1922
Township Garfield Heights
Levels ThreeOrMore
Property SubType Duplex
Tax Year 2022
County Cuyahoga
New Construction No
Property Type ResidentialIncome
HOA / Comm Assn No
Attached Garage No
Subdivision Name Walton Realty Co S Garfie
Garage Y/N Yes
Status Active
Directions South of Reed
ModificationTimestamp 2024-03-30T13:39:37.530-00:00
City Garfield Heights
Buyer Agent Compensation 2
View Y/N No
Senior Community Y/N No
High School District Garfield Heights CSD - 1815
Waterfront Y/N No
Carport Y/N No
Street Name Garfield
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 35208.0
Home Warranty Y/N No
Property Condition Unknown
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Days on Market 8
Standard Status Active
Middle/Junior School District Garfield Heights CSD - 1815
Elementary School District Garfield Heights CSD - 1815
Property Sub Type Additional Duplex
MobileHomeRemainsYN No
Buyer Agent Compensation Type Item1
Legal Description 480 WALTON 0383 ALL

Interior Features

Basement Partial,Unfinished
Basement (Y/N) Yes
Air Conditioning Y/N No
Heating Y/N Yes
Fireplace Y/N No
Full Baths 15
Half Baths 3
Street Suffix Boulevard
Total Bedrooms 38
Electric On Property Y/N No
Total Baths 18
Living Area Units SquareFeet

Exterior Features

Parking Features Concrete
Water Source Public
Lot Size Area 0.14
Number of Buildings 12
Spa No
Lot Size Acres 0.14
Lot Size Units Acres
Lot Size Source PublicRecords
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 44125

Price
AVG $410K
$1.5M
Taxes
AVG $10,055
$35,208
Visits
AVG 141
120
Data Provided by Inside Real Estate®
Year Built
AVG 1928
1922

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