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4898 E 95th Street
Garfield Heights, OH 44125

$1,095,000 - Status: Active
MLS# 5206133

PORTFOLIO SALE ? 11 single-family rentals across Cleveland and the inner-ring suburbs, offered as one transaction at $1,125,000 ($102K/door). Currently producing $135,216 in annual gross rent (10 of 11 units occupied) with significant proforma upside as below-market rents roll. The portfolio includes: 1236 E 173rd St, 1115 Villaview Rd, and 18324 Landseer Rd (44119); 16010 S Lotus Dr (44128); 4898 E 95th St, 4838 Rockwood Rd, and 10014 Parkview Ave (44125); 14202 Rexwood Ave and 4265 E 126th St (44105); 3497 Boynton Rd and 3281 Berkeley Rd (Cleveland Heights). Unit mix ranges from 2/1 to 4/3 configurations. The value-add story is straightforward: ten of eleven in-place leases sit meaningfully below market per seller's underwriting. Nearly all leases are month-to-month (AtWill), allowing a buyer to mark rents to market on a rolling schedule with standard 30-day notice. Four units are tenanted through CMHA, providing reliable government-backed rent payments with built-in rent resets at re-certification. Tenants are responsible for most utilities; recent Cleveland regulatory changes allow buyer to bill back or transfer water/sewer accounts to tenants directly. Full offering memorandum with proforma analysis and rent roll available. The single vacancy at 4265 E 126th St is positioned for a quick turn. Showings by appointment only ? please do not disturb tenants.

Property Features

MLS#: 5206133
Zip: 44125
Subdivision: Parkdale
Development: Garfield Heights
Property Type: Commercial - Business
Days on Site: 81
Heating: Forced Air
Lot Size: 0.11 acres
Taxes: $3,481 / year
Year Built: 1926

Feature Descriptions

Parcel#: 541-17-116
Sewer: Public Sewer
Water: Public

Local Schools

School District: Garfield Heights City

4898 E 95th Street | MLS# 5206133

This commercial property located at 4898 E 95th Street, Garfield Heights, OH 44125 is currently listed for sale with an asking price of $1,095,000. E 95th Street is located within the Garfield Heights City school district. Search Garfield Heights real estate on www.greatmoverealty.net today.

Listed By / Shown By

Listed By

Agency Name: Key Realty
Agency Contact: mjorlando1994@gmail.com, 216-956-1884

Shown By

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

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