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$792,000
Est. payment /mo
0.37 Acres Lot
New
2762 Noble RD Cleveland Heights, OH 44121
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Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Summit Park
MLS Listing ID 5258327
HOA Y/N No
Year Built 1956
Annual Tax Amount $15,088
Tax Year 2025
Lot Size 0.366 Acres
Acres 0.3664
Property Sub-Type Apartment
Property Description
Eight 1 bed/1 bath apartments. Electrical in the units was updated within the last 3 years. Lead safe certified with the 20-year option. 2026 city certificate of rental occupancy. Scheduled rent is $5,729/month. Current rents range from $625 to $775, so bringing older leases up to market is a clear value-add. One unit is vacant and ready to lease. Units are separately metered. Owner pays water only. Seller financing available: 60% down, 7% interest, 20-year amortization, 3-year balloon. Buy this building on its own, or as part of a 25-unit, 4-building portfolio with 2565-69 Noble, 2657 Noble and 4016 Silsby.
Location
State OH
County Cuyahoga
Interior
Heating Forced Air, Gas
Cooling None
Fireplace No
Exterior
Water Access Desc Public
Roof Type Composition,Flat,Shingle
Present Use Multi-Family
Building
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Cleveland Hts-Univer - 1810
Others
Tax ID 682-29-017
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional

Listed by Kit Custer • RE/MAX Transitions • kitsoldit@gmail.com, 330-221-6578
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