827 Cleveland Rd, Mogadore OH 44260 Photo 1 827 Cleveland Rd, Mogadore OH 44260 Photo 2 827 Cleveland Rd, Mogadore OH 44260 Photo 3 827 Cleveland Rd, Mogadore OH 44260 Photo 4 827 Cleveland Rd, Mogadore OH 44260 Photo 5 827 Cleveland Rd, Mogadore OH 44260 Photo 6 827 Cleveland Rd, Mogadore OH 44260 Photo 7

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827 Cleveland Rd - Absolute Auction, all sells to the highest bidders on location on WEDNESDAY MAY 18, 2016 – 5:30 PM. THIS IS AUCTION #1: which sells at 5:30 PM on location. “Exceptional Investment Opportunity” AUCTION #1: Well maintained brick ranch 8 unit apartment complex with owner’s suite. All situated on 4.6 acres in Suffield Township. Unit #’s 1,2,3,4,5,6,8 most of them have been updated with oak kitchens and tile floors. Each 1 bedroom with 1 or 1½ baths. Unit # 6 & #8 each have single car garage. Unit #7: “Owners Suite” at approx. 2,112 sq ft. Has huge living room with stone fireplace, skylights and loads of wood work. Large kitchen with dining area, tile floors, pantry, full bath with laundry, three bedrooms each with private shower baths. See Website for Profit and Loss Statement - HIGHLIGHTS: $52,080 in potential gross income - Coin operated laundry room - 2008’ Shingles - All separate electric - Well and Septic - New drilled well in 2015 - Units 1-5 are on electric baseboard heat - Units 6-8 are on Gas Hot water heat - Zoned Business - Built in 1957 - Each unit has basement storage area - Approx. 5,196 Total. TERMS ON REAL ESTATE: 15% down auction day, balance due at closing. There will be a 10% buyer premium added to the final bid to determine the purchase price. Any desired inspections must be made prior to bidding. All information contained herein was derived from sources believed to be correct. Information is believed to be accurate but not guaranteed. Auction#2 MLS 3800372

Listing information

  • MLS® ID: 3800385
  • Status: Sold on 7/6/2016
  • New Construction: No
  • Estimated Annual Taxes: $4,298
  • Style: Commercial
  • Stories: 1
  • Special Considerations: Auction
  • County: Portage
  • Year Built: 1957
  • Parking Type Description: None 0 cars
  • Lot Area: 4.61

Features

Apartments Type Apartments Only
Assessments Y/N No
Cooling Type Window Unit(s)
Heating Fuel Gas
Heating Type Baseboard, Hot Water/Steam
Homestead Exemption Y/N No
Other Num Of Apartments Total - 8, Units 1 Bedroom - 7, Units 3 Bedroom - 1
Possession Time of Transfer
Property Subtype Apartment
Roof Asphalt/Fiberglass
Listing Courtesy of Kiko