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$949,000
6 Days On Site

12711 N Parkway Drive
Garfield Heights, OH 44105

For Sale|Commercial Sale|Active
0
Beds
0
Full Baths
0
Partial Baths

SqFt

/SqFt
1926
Built
Subdivision:
Birchdale Ave Ne
County:
Cuyahoga

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440.838.1111
12711 N Parkway Drive12711 N Parkway Drive12711 N Parkway Drive12711 N Parkway Drive
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Investor's Dream in Cleveland, OH! This turnkey, cash-flowing portfolio includes nine properties spanning 12 units—three duplexes and six single-family homes—with a double-digit cap rate and nearly 20% cash-on-cash return. All tenant-occupied, these properties generate strong, stable cash flow, with most tenants holding Section 8 vouchers at excellent rent rates. Some units are still under market rent, offering value-add potential by re-leasing at market rate or to voucher tenants. Many of the properties have received updates, including four or five with full interior renovations. Don’t miss this rare opportunity for a hassle-free, high-return investment!

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Listing Snapshot
Price 
$949,000
Days On Site 
6 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.164 Acres
Year Built 
1926
MLS® Number 
5084899
Status 
Active
Property Tax 
$8,822
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
6 days agoListing first seen on site
6 days agoListing updated with changes from the MLS®
General Features
Acres 
1.164
Additional Property Use 
Multi-FamilyResidential
Sewer 
Public Sewer
Special Circumstances 
Standard
Water Source 
Public
Interior Features
Heating 
Forced Air
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Community Features
Financing Terms Available 
CashConventional
School District 
Cleveland Municipal - 1809
Township 
Cleveland
Schools
School District
Cleveland Municipal - 1809
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Tal Tamir of Russell Real Estate Services



The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged. Information Deemed Reliable But Not Guaranteed. Copyright 2024 - Multiple Listing Service, Inc. – All Rights Reserved.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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