2671 Noble Road, Cleveland Heights, OH 44121

Property Description

Turn-Key 8-Unit Apartment Building. Exceptional opportunity to acquire a beautifully upgraded 8-unit apartment building offering immediate income, modernized interiors, and long-term value. Under current ownership, the property has undergone extensive capital improvements, creating a rare opportunity for investors seeking a stabilized asset with additional rent-growth potential. Multiple units have been thoughtfully renovated with updated kitchens and baths, new flooring, fresh paint, modern fixtures, and enhanced finishes that attract quality tenants and support premium rental rates. A new roof has been installed, and the on-site laundry facility has well maintained washer and dryer equipment, providing added tenant convenience and supplemental income for the owner. The property features a desirable unit mix including an efficiency, one-bedroom, and two-bedroom apartments appealing to a broad tenant base. A detached garage offers dedicated parking for each unit, creating additional supplemental income. The property is 63% leased. There are three vacancies (Unit #1, Unit #4, and Unit #6), with a blend of long-term and leased tenants providing an immediate value-add opportunity for the new owner. This is a true turnkey asset ideal for both seasoned and first-time investors looking to expand their portfolio in a high-demand rental market. Property is being sold As-Is. Seller will make no further repairs. Do not disturb tenants.