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16226 Arcade Ave 5 Lot Offre d’immeuble d’habitation à 280 433 € à un taux de capitalisation de 7,55 % Cleveland, OH 44110
Certaines informations ont été traduites automatiquement.
Informations principales sur l'investissement
- M2M tenants allow you to add significant value without significant repairs immediately.
- Rare 3 car garage for parking.
- $80/ mo additional income from storage rental in the garage
- Located in Waterloo Arts district which is a unique shopping and restaurant community immersed in an art scene.
- Located in an appreciating area with a low point of entry.
Résumé analytique
Located just steps from the vibrant Waterloo Arts District, this newly updated 5-unit apartment building offers a rare opportunity to own a well positioned asset in one of Cleveland’s most creative and rapidly growing neighborhoods.
The property features a diverse unit mix, including a spacious 3 bedroom unit , two 2 bedroom units, one 1 bedroom, and one studio, appealing to a wide range of tenants and maximizing rental flexibility. Recent updates such as kitchen, baths, floors, vinyl windows and paint enhance both the functionality and appeal of the building. All of the mechanicals and roof are less then 10 years old and each unit has its own furnace. No immediate capex needed.
Currently fully occupied and bringing in over 40,000 / year with a proforma income over $60,000 annually. Additional $80/ mo from storage rental in the garages. Switching to a tenant garage fee would generate more income and offer an additional amenity to 3 tenants.
All tenants are M2M allowing you to capitalize on the proforma income immediately after ownership.
Tenants pay gas and electric and taxes in this area are lower, creating more significant income. Trash is $90/mo, insurance 250/ mo and taxes just over $4000/ year. The owner currently operates below a 40% expense ratio.
Tenants will enjoy multiple parking options with a RARE detached 3 car garage, a private driveway, and ample street parking. Whether you're looking for a stabilized investment or a value add opportunity in a high demand rental corridor, this property delivers location, versatility, and long term upside.
The property features a diverse unit mix, including a spacious 3 bedroom unit , two 2 bedroom units, one 1 bedroom, and one studio, appealing to a wide range of tenants and maximizing rental flexibility. Recent updates such as kitchen, baths, floors, vinyl windows and paint enhance both the functionality and appeal of the building. All of the mechanicals and roof are less then 10 years old and each unit has its own furnace. No immediate capex needed.
Currently fully occupied and bringing in over 40,000 / year with a proforma income over $60,000 annually. Additional $80/ mo from storage rental in the garages. Switching to a tenant garage fee would generate more income and offer an additional amenity to 3 tenants.
All tenants are M2M allowing you to capitalize on the proforma income immediately after ownership.
Tenants pay gas and electric and taxes in this area are lower, creating more significant income. Trash is $90/mo, insurance 250/ mo and taxes just over $4000/ year. The owner currently operates below a 40% expense ratio.
Tenants will enjoy multiple parking options with a RARE detached 3 car garage, a private driveway, and ample street parking. Whether you're looking for a stabilized investment or a value add opportunity in a high demand rental corridor, this property delivers location, versatility, and long term upside.
Bilan financier (Réel - 2025) Cliquez ici pour accéder à |
Annuel | Annuel par m² |
|---|---|---|
| Revenu de location brut |
$99,999
|
$9.99
|
| Autres revenus |
$99,999
|
$9.99
|
| Perte due à la vacance |
$99,999
|
$9.99
|
| Revenu brut effectif |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Frais d’exploitation |
$99,999
|
$9.99
|
| Total des frais |
$99,999
|
$9.99
|
| Résultat net d’exploitation |
$99,999
|
$9.99
|
Bilan financier (Réel - 2025) Cliquez ici pour accéder à
| Revenu de location brut | |
|---|---|
| Annuel | $99,999 |
| Annuel par m² | $9.99 |
| Autres revenus | |
|---|---|
| Annuel | $99,999 |
| Annuel par m² | $9.99 |
| Perte due à la vacance | |
|---|---|
| Annuel | $99,999 |
| Annuel par m² | $9.99 |
| Revenu brut effectif | |
|---|---|
| Annuel | $99,999 |
| Annuel par m² | $9.99 |
| Taxes | |
|---|---|
| Annuel | $99,999 |
| Annuel par m² | $9.99 |
| Frais d’exploitation | |
|---|---|
| Annuel | $99,999 |
| Annuel par m² | $9.99 |
| Total des frais | |
|---|---|
| Annuel | $99,999 |
| Annuel par m² | $9.99 |
| Résultat net d’exploitation | |
|---|---|
| Annuel | $99,999 |
| Annuel par m² | $9.99 |
Informations sur l’immeuble
| Prix | 280 433 € | Style d’appartement | Maison de ville |
| Prix par lot | 56 087 € | Surface du lot | 0,07 ha |
| Type de vente | Investissement | Surface de l’immeuble | 271 m² |
| Taux de capitalisation | 7,55 % | Occupation moyenne | 100% |
| Multiplicateur du loyer brut | 7.67 | Nb d’étages | 2 |
| Nb de lots | 5 | Année de construction | 1910 |
| Type de bien | Immeuble residentiel |
| Prix | 280 433 € |
| Prix par lot | 56 087 € |
| Type de vente | Investissement |
| Taux de capitalisation | 7,55 % |
| Multiplicateur du loyer brut | 7.67 |
| Nb de lots | 5 |
| Type de bien | Immeuble residentiel |
| Style d’appartement | Maison de ville |
| Surface du lot | 0,07 ha |
| Surface de l’immeuble | 271 m² |
| Occupation moyenne | 100% |
| Nb d’étages | 2 |
| Année de construction | 1910 |
Caractéristiques
Caractéristiques du lot
- Prêt pour le câble
Lot informations sur la combinaison
| Description | Nb de lots | Moy. loyer/mois | m² |
|---|---|---|---|
| Studios | 1 | 474,58 € | - |
| 1+1 | 1 | 560,87 € | - |
| 3+1 | 1 | 517,72 € | - |
1 1
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Taxes foncières
| Numéro de parcelle | 113-20-049 | Évaluation totale | 35 033 € |
| Évaluation du terrain | 3 473 € | Impôts annuels | -1 € (0,00 €/m²) |
| Évaluation des aménagements | 31 559 € | Année d’imposition | 2025 |
Taxes foncières
Numéro de parcelle
113-20-049
Évaluation du terrain
3 473 €
Évaluation des aménagements
31 559 €
Évaluation totale
35 033 €
Impôts annuels
-1 € (0,00 €/m²)
Année d’imposition
2025
1 sur 54
Vidéos
Visite extérieure 3D Matterport
Visite 3D
Photos
Street view
Rue
Carte
1 sur 1
Présenté par
16226 Arcade Ave
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