Listed By
Agency Name: Progressive Urban Real Estate Co
Agency Contact: dsharkey@progressiveurban.com, 216-533-1617
Shown By
Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575
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Property Description
INVESTOR ALERT: This fully occupied, cash-flowing four-unit apartment building in Euclid is a well-maintained masonry structure, built in 1969, currently generating a stable income of $3,400 monthly. Each of the four units features two bedrooms and one bath, along with amenities such as private balconies, central air, common laundry, and a good-sized on-site parking lot. Its prime location offers residents strong regional highway access via I-90 and Route 2, providing direct connections to Downtown Cleveland and major employment hubs, as well as close proximity to essential neighborhood amenities like schools, shopping centers, restaurants, and recreational destinations including Sims Park and the Lake Erie shoreline. This property presents a desirable multifamily investment opportunity positioned to attract long-term residents seeking value and accessibility.
Property Features
Property Type: Multi Unit - Multiple
Basement: None
Cooling: Central Air, Ceiling Fan(s)
Days on Market: 1
Heating: Forced Air
Lot Size: 0.24 Acres
Roof Type: Asphalt, Shingle
Stories: 2.0
Taxes: $92,545 / year
Year Built: 1969
Amenities
Balcony
Feature Descriptions
Appliances: Range, Refrigerator
Exterior: Brick
Laundry: Common Area
Parcel#: 648-25-068
Parking: On Site, Parking Lot
Patio/Porch: Balcony
Sewer: Public Sewer
View: Neighborhood
Water: Public
Local Schools
School District: Euclid City
Estimate Your Payment
Estimated Payment
$ 9,405.43 per month $1,602.34 Principal & Interest $7,712.08 Property Tax $91.00 Homeowner's InsuranceChange Payment Information
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1422 E 264th Street | MLS# 5214399
This multi-family property located at 1422 E 264th Street, Euclid, OH 44132 is currently listed for sale with an asking price of $312,000. E 264th Street is located within the Euclid City school district. Search Euclid real estate on www.cutlercigroup.com today.