MLS#5258290
STATUSActive
PROPERTY TYPECommercial - Business
SUBDIVISIONUniversity
SCHOOLCleveland Hts-Univer - 1810
Property Description
Five 1 bed/1 bath apartments in University Heights. Major items are done: new roof in 2026, new concrete in the rear parking lot, and new furnaces in 3 of the units in 2025. 2027 city apartment license certificate. Scheduled rent is $4,265/month. The lower-level unit is vacant and ready to lease. Rents are below market, which leaves upside. Units are separately metered. Owner pays water only. Seller financing available: 60% down, 7% interest, 20-year amortization, 3-year balloon. Buy this building on its own, or as part of a 25-unit, 4-building portfolio with 2565-69, 2657 and 2762 Noble.
Property Features
Property Type: Commercial - Business
Basement: Yes
Cooling: None
Heating: Forced Air
Lot Size: 0.30 Acres
Roof Type: Flat, Slate
Stories: 2.0
Taxes: $10,560 / year
Year Built: 1949
Feature Descriptions
Parcel#: 721-02-095
Parking: Assigned, Covered, Paved
Sewer: Public Sewer
Units: 5
Water: Public
Local Schools
School District: Cleveland Hts-Univer - 1810
Listed By / Shown By
Listed By
Agency Name: RE/MAX Transitions
Agency Contact: kitsoldit@gmail.com, 330-221-6578
Shown By
Agent Name: Amanda Ondrey
Agent Phone: Cell: (330) 802-9618
Agency Title: M.C. Real Estate
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4016 Silsby Road | MLS# 5258290
This commercial property located at 4016 Silsby Road , University Heights, OH 44118 is currently listed for sale with an asking price of $495,000. Silsby Road is located within the Cleveland Hts-Univer - 1810 school district. Search University Heights real estate on aondrey.mcrealestateohio.com today.