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Listed by William Eilf • Keller Williams Cleveland
$ 1,860,000
Est. payment | /mo
11,160 SqFt
$ 1,860,000
Est. payment | /mo
11,160 SqFt
Key Details
Property Type Multi-Family
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 11,160 sqft
Price per Sqft $166
Subdivision Grant Havens Condominiums
MLS Listing ID 2710136
HOA Y/N No
Year Built 1978
Annual Tax Amount $16,800
Lot Dimensions 196'X310'
Property Description
Discover a promising investment opportunity with 12 two-bedroom condo apartments in Northeast Cleveland, Tennessee, situated in a desirable residential area. This community is ideally located near major manufacturers such as Whirlpool, Eaton Corp, Hardwick, and M&M Mars, contributing to Cleveland's ranking as the 5th Best Place in the U.S. for manufacturing careers. Under new management, Grant Havens Condominiums has been successfully stabilized, with significant renovations completed and rents on the rise. This property offers great upside potential, with the flexibility to purchase the entire portfolio or individual units.
Location
State TN
County Bradley County
Interior
Heating Central, Electric
Cooling Central Air
Flooring Carpet, Vinyl
Fireplace N
Exterior
Utilities Available Electricity Available, Water Available
View Y/N false
Roof Type Shingle
Private Pool false
Building
Story 2
Sewer Public Sewer
Water Public
Structure Type Other
New Construction false
Schools
Elementary Schools Mayfield Elementary
Middle Schools Cleveland Middle
High Schools Cleveland High
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Amber Bringier
REALTOR® | Lic# 292404