Conveniently Located Multifamily Property Near Little Italy

USD $1,750,000
2215 Overlook Road, Cleveland Heights, Ohio, 44106, USA

Property Highlights

  • Steps from Cleveland Clinic and Case Western
  • 20-unit multifamily investment property
  • 10 fully renovated units
  • Convenient on-site coin laundry
  • Covered parking available
  • Flat utility reimbursement and cable included

Overview

Welcome to Overlook Arms, a rare 20-unit multifamily investment opportunity located just steps from Little Italy, the Cleveland Clinic Main Campus, and Case Western Reserve University. This ideally positioned property offers a secluded suburban feel while being surrounded by vibrant bars, restaurants, and nightlife. With 16 one-bedroom and 4 two-bedroom units, the building is perfect for student housing or market-rate tenants seeking unbeatable convenience. Ten of the units have been fully renovated and four more lightly updated, allowing for immediate upside through increased rents. Residents enjoy a spacious common entryway, on-site coin-operated laundry, covered parking, and a flat utility reimbursement as well as cable and internet, boosting cash flow. Overlook Arms combines prime location and easy value-add potential-making it a must-see asset in one of Cleveland's most desirable rental markets.
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Property Features

2215 Overlook Road, Cleveland Heights, Ohio, 44106, USA offers the following features:

Property Type: Residential
Status: Active
Reference ID: 5122361

What's Nearby

Local businesses near 2215 Overlook Road, Cleveland Heights, Ohio, 44106, USA:

Public Transportation: < 1 mile
Gym: < 1 mile
Hospital: < 1 mile
Grocery/Shopping Center: < 1 mile
School: < 1 mile
Police Station: < 1 mile

Map