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Kevin Tenney
REALTOR®, ABR, GREEN, GRI
(304) 376-5745
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37822 Euclid Avenue
Willoughby, OH 44094

$650,000

48 Total Photos [Click to View All]

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Listing Details

  • $650,000
  • MLS# 5235006
  • Type Commercial - Business
  • Status Active
  • 0.470 acres
    Lot Size
  • 1961
    Year Built
  • Willoughby-Eastlake - 4309
    Local Schools

Home Value Estimate


Description

Fantastic opportunity for the savvy investor. Grab this 5 unit, fully rented apartment complex that yields a great return of roughly 10% cap. Each of the 5 units features 1 bedroom, living room, kitchen, and a full basement. They each have a front and back entrance with the exception of one unit. Parking is plentiful. They all pay roughly $1,400 per month rent, plus they pay an extra $200 each to cover utilities. Current seller pays all the utilities for the building. Gross income is roughly $96,000 per year, with expenses as follows: utilities $12,000. Maintenance $6,000. Insurance $5,000. Taxes $6,464 with a net of $66,536. Pictures of...read more

Features

  • Wall Unit(s)
  • Forced Air, Gas
  • 1.0 Story
  • $6,464 / year Taxes
  • Public
  • Built in 1961

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 08/23/2026. The listing information on this page last changed on 08/23/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sun 08/23/2026 12:03:54 AM EST) or CBRMLS (last updated Sat 08/22/2026 11:59:43 PM EST) or Beckley MLS (last updated Sat 08/22/2026 11:50:07 PM EST) or Kanawha Valley MLS (last updated Sat 08/22/2026 11:32:12 PM EST) or HTGN MLS (last updated Sat 08/22/2026 11:40:16 PM EST) or Wheeling MLS (last updated Sat 08/22/2026 10:37:29 PM EST) or West Penn MLS (last updated Sat 08/22/2026 11:28:39 PM EST) or NCWV MLS (last updated Sat 08/22/2026 11:16:07 PM EST) or Mercer/Tazewell MLS (last updated Sat 08/22/2026 11:14:20 PM EST) or MLS NOW (last updated Sat 08/22/2026 11:57:32 PM EST) or Greenbrier Valley Board of Realtors (last updated Sat 08/22/2026 11:01:21 PM EST) or Ashland KY MLS (last updated Sat 08/22/2026 10:21:05 PM EST). Real estate listings held by brokerage firms other than Old Colony, REALTORS® may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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