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16226 Arcade Ave Immeuble residentiel 5 lots 284 771 € (56 954 €/Lot) Cleveland, OH 44110
Certaines informations ont été traduites automatiquement.
Informations principales sur l'investissement
- EASY Value add in just increasing rents (3 bed is rented at just $600!)
- Overall turnkey and easy to cash flow and keep occupied!
- $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.
- M2M tenants allow you to add significant value without significant repairs immediately.
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.
Great value add in increasing rents. For example, the 3 bed is $600 (m2m) and market should be over $1250/mo! Even the 2 bed is getting $800 and could be at $1000.
UNIT MIX:
1 - 3 bedroom unit
2- 2 bedroom units
1- 1 bedroom
1- studio
Currently fully occupied and bringing in over $40,000 / year with a proforma income over $60,000 annually. All tenants are M2M allowing you to capitalize on the proforma income immediately after ownership. HUGE value add in just increasing rents!
Rare 3 car garage is currently used as a strorage rental and brings in an additional $80/mo.
UPDATES:
Recently updated with 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.
Tenants pay gas and electric + taxes are LOW in this area- 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!
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.
Great value add in increasing rents. For example, the 3 bed is $600 (m2m) and market should be over $1250/mo! Even the 2 bed is getting $800 and could be at $1000.
UNIT MIX:
1 - 3 bedroom unit
2- 2 bedroom units
1- 1 bedroom
1- studio
Currently fully occupied and bringing in over $40,000 / year with a proforma income over $60,000 annually. All tenants are M2M allowing you to capitalize on the proforma income immediately after ownership. HUGE value add in just increasing rents!
Rare 3 car garage is currently used as a strorage rental and brings in an additional $80/mo.
UPDATES:
Recently updated with 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.
Tenants pay gas and electric + taxes are LOW in this area- 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!
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 Sous contrat
| Prix | 284 771 € | Style d’appartement | Maison de ville |
| Prix par lot | 56 954 € | Surface du lot | 0,07 ha |
| Type de vente | Investissement | Surface de l’immeuble | 271 m² |
| Multiplicateur du loyer brut | 7.67 | Occupation moyenne | 100% |
| Nb de lots | 5 | Nb d’étages | 2 |
| Type de bien | Immeuble residentiel | Année de construction | 1910 |
| Sous-type de bien | Appartement | ||
| Zonage | y | ||
| Prix | 284 771 € |
| Prix par lot | 56 954 € |
| Type de vente | Investissement |
| Multiplicateur du loyer brut | 7.67 |
| Nb de lots | 5 |
| Type de bien | Immeuble residentiel |
| Sous-type de bien | Appartement |
| 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 |
| Zonage | y |
Caractéristiques
Caractéristiques du lot
- Prêt pour le câble
Lot informations sur la combinaison
| Description | Nb de lots | Moy. loyer/mois | m² |
|---|---|---|---|
| Studios | 1 | 481,92 € | - |
| 1+1 | 1 | 569,54 € | - |
| 3+1 | 1 | 525,73 € | - |
| 2+1 | 2 | 700,98 € | - |
1 1
Assez praticable à pied
40/100
Exceptionnellement adapté aux voitures
90/100
Transports en commun limités
30/100
Plutôt praticable en vélo
40/100
Taxes foncières
| Numéro de parcelle | 113-20-049 | Évaluation totale | 35 575 € |
| Évaluation du terrain | 3 527 € | Impôts annuels | -1 € (0,00 €/m²) |
| Évaluation des aménagements | 32 048 € | Année d’imposition | 2025 |
Taxes foncières
Numéro de parcelle
113-20-049
Évaluation du terrain
3 527 €
Évaluation des aménagements
32 048 €
Évaluation totale
35 575 €
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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