Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Basement YN

    NO

  • Heating YN

    YES

  • Heating

    Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    Covered, Detached, Garage

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.6682

  • Property Type

    Commercial Sale

  • Property Sub Type

    Apartment

Price

  • Sales Price

    $650,000

  • Tax Amount

    $11,124.4

  • Sq. Footage

    14,006

  • Price/SqFt

    $46

HOA

  • Association

    No

School District

  • Elementary School

    East Cleveland CSD - 1812

  • Middle School

    East Cleveland CSD - 1812

  • High School

    East Cleveland CSD - 1812

Property Features

  • Stories

    2

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

County

Cuyahoga

Elementary School

East Cleveland CSD - 1812

Middle School

East Cleveland CSD - 1812

High School

East Cleveland CSD - 1812

Listing Courtesy of Keith D Kiefer, Kiefer Realty Group

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Super Well Maintained and Updated 14 Unit Garden Style Apartment Building Generating over $11,000/month in rental income. Located off of Noble Road on the border of Cleveland Heights. ***Check out the 360 Degree Panoramic Virtual Tour and Floorplans***. 10 Two Bedroom Units and 4 One Bedroom Units. All units have been updated over the years and have their own furnace and water heater. Full kitchens with updated appliances. Laundry room on the 1st floor. 8 Garage Spots. 12 Units currently rented. Easy access to area shopping, dining, entertainment, etc. Minutes to the freeway. East Cleveland POS Compliant! Financials available upon request. Contact me for a Private Showing Today before this great turnkey investment is SOLD!

15978 Nelacrest Road

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FULLY LICENSED TURNKEY CHILDCARE CENTER & REAL ESTATE. Exceptional value-add acquisition opportunity in Cuyahoga County. This offering features a highly specialized, purpose-built ~5,688 Sq. Ft. commercial facility bundled entirely with an active, income-producing business entity. The business operates with an elite Ohio Step Up To Quality (SUTQ) Silver License and an active, fully approved USDA Child Care Food Program sponsorship.RECESSION-PROOF REVENUE STREAMS: The facility is highly optimized and generates $406,000 in verifiable gross revenue, fully backed 100% by steady government funding allocations, including $358k from DCY contracts and $48k from federal USDA food reimbursements. No reliance on unpredictable private-pay collections. The structure is authorized to house 100 children. PREMIUM INFRASTRUCTURE ASSETS INCLUDED: The building is built out with 6 structured classrooms, child-accessible restrooms, administrative space, and a fully equipped commercial kitchen featuring an active grease trap and hood assembly. Standout features include a unique, weather-proof indoor play area alongside a secure, fully fenced outdoor playground. The transportation van, kitchen equipment, and all physical classroom furniture, fixtures, and educational inventory carry over to the buyer at closing.ADAPTIVE REUSE POTENTIAL: Excellent alternative footprint for charter school offices, medical/dental clinics, or non-profit headquarters. CONFIDENTIALITY COMPLIANCE: Specific center name/address confidential. Strictly DO NOT walk into, around the facility or contact staff.
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MLS#: 5241491

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