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18911 Bella Drive
Cleveland, OH 44119

$1,025,000 - Status: Active
MLS# 5209202

18911 Bella Drive presents a mostly renovated 12-unit multifamily asset with significant capital improvements already completed. Ownership has renovated 8 of 12 units over the past two years, achieving strong rent growth while maintaining stable occupancy. The property has undergone full lead abatement and holds a 20-year lead-free certification, significantly reducing regulatory risk. Additional recent capital improvements include a new roof, updated entry doors, renovated laundry rooms, and upgraded mechanical systems. This offering represents a rare opportunity to acquire a largely de-risked, near-stabilized asset with in-place income and remaining upside by increasing rents to market, maximizing an 8% CAP

Property Features

MLS#: 5209202
Zip: 44119
Subdivision: Kazens Bella Drive Resub 01
Development: Cleveland
Property Type: Commercial - Business
Days on Site: 25
Heating: Forced Air
Lot Size: 0.36 acres
Taxes: $15,987 / year
Year Built: 1962

Feature Descriptions

Parcel#: 114-23-033
Sewer: Public Sewer
Water: Public

Local Schools

School District: Cleveland Municipal - 1809

18911 Bella Drive | MLS# 5209202

This commercial property located at 18911 Bella Drive, Cleveland, OH 44119 is currently listed for sale with an asking price of $1,025,000. Bella Drive is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.greatmoverealty.net today.

Listed By / Shown By

Listed By

Agency Name: Keller Williams Greater Cleveland Northeast
Agency Contact: geoffdelgrosso@gmail.com, 440-462-9577

Shown By

Agency Title: Great Move Realty
Agency Phone: (330) 624-9605

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