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14620 Lake Shore Blvd
Cleveland, OH 44110
Multifamily Property For Sale
·
10 Units
Investment Highlights
- Great location close to highways,shopping and Waterloo District.
- Excellent cash flow potential
- Each unit has total recent updates including modern kitchen, bathrooms, flooring and lighting.
Executive Summary
Turnkey four-unit brick investment property in Cleveland’s desirable North Collinwood neighborhood featuring fully remodeled units updated within the last few years. Each spacious unit offers modern kitchens with updated cabinetry and appliances, renovated baths, neutral finishes, and durable flooring throughout, providing low-maintenance ownership and strong tenant appeal. Current rents include two units at $1,200/month, one at $1,175/month, with one vacant unit projected at $1,225/month, offering immediate upside and excellent cash-flow potential. Solid brick construction, updated mechanicals, and consistent interior condition make this a true plug-and-play asset for investors, while also presenting a strong opportunity for an owner-occupant to offset their mortgage with rental income. Prime location near Lake Erie, Waterloo Arts District, downtown access, and major highways supports continued rental demand and long-term value. Showings start Monday Feb 23 Unit 1 & basement only. Other units available to show upon contract.
Property Facts
| Price Per Unit | $66,386 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.10 AC |
| No. Units | 10 | Building Size | 4,674 SF |
| Property Type | Multifamily | Average Occupancy | 0% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1925 |
| Zoning | MF - Medium Density Apartments | ||
| Price Per Unit | $66,386 CAD |
| Sale Type | Investment |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.10 AC |
| Building Size | 4,674 SF |
| Average Occupancy | 0% |
| No. Stories | 2 |
| Year Built | 1925 |
| Zoning | MF - Medium Density Apartments |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Eat-in Kitchen
- Kitchen
- Refrigerator
- Large Bedrooms
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 10 | $1,643 CAD | 1,115 |
Property Taxes
| Parcel Number | 112-20-005 | Improvements Assessment | $114,499 CAD |
| Land Assessment | $4,599 CAD | Total Assessment | $119,098 CAD |
Property Taxes
Parcel Number
112-20-005
Land Assessment
$4,599 CAD
Improvements Assessment
$114,499 CAD
Total Assessment
$119,098 CAD
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