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Chris Bergin, Sales Associate
SOLD
$1,575,000
Date 08/25/2023

3507 Bosworth Road
Cleveland, OH 44111

Single Family, Apartment
Residence
20,460
Sqft
0.6
Lot Size
Courtesy: Keller Williams Citywide
26 Units w/ 1,2 and 3 bedroom units - ALL BRICK Exterior w-Private Parking - PLUS 2 Additional Parcels and Onsite Coin-op Laundry Room! This turn-key property ready for the 1st time investor or simply adding a solid asset to your portfolio. Well-maintained 26-unit brick multi-family sits on THREE parcels and Offers tenants Private & Secure Parking lot at rear. Sitting just South of Cleveland's highly desired City of Lakewood Community and only minutes to Clevelands Downtown Theater & Business District. This development is a book end to Cleveland's Two Major Opportunity Zone Corridors that have attracted national investment and attention (Detroit Shoreway and Ohio City). Tenant retention high due to proximity to downtown and pedestrian access to Bus/RTA's PArk N-Ride Transit and Highway access for a quick bus or drive to downtown area. Additionally, this property sits in a quiet neighborhood close to 3 Public Schools, 2 public parks which provide constant police monitoring for the community and neighborhood safety. UPDATES: New Roof in 2021, Parking Lot and Storm Drain 2020, ALL Mechanicals Systems upgraded/serviced, 2022 75k Boiler Weil-McLain w/ Tekmar Thermostat - Balanced for water and energy efficiency. 24 of 26 units updated/renovated (Kitchens, Baths, flooring, paint, and lighting), Includes 16 Camera HD-CCTV w/ NVR, Ext/Int Security/Safety Lighting AND just under 2,000 Sq ft. of Dry Storage & Shop (rented @$600 mo.) in basement to run operations.
4455624
Single Family, Apartment, 3+ Story
Cuyahoga
1920
0.6 Acres
Public
3
Public Sewer
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Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.

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Transit Score

Courtesy: Keller Williams Citywide
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